Call reports 2023
TRANSACT BANK, NATIONAL ASSOCIATION — 2023
What TRANSACT BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 13,532,000 | 12,637,000 | 11,745,000 | 7,427,000 |
| Total loans | 2,591,000 | 2,567,000 | 2,544,000 | 2,520,000 |
| Allowance for loan losses | 0 | 0 | 0 | 0 |
| Securities available for sale | 603,000 | 591,000 | 553,000 | 543,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 11,008,000 | 10,354,000 | 9,822,000 | 5,778,000 |
| Interest-bearing deposits | 1,328,000 | 1,765,000 | 1,813,000 | 2,019,000 |
| Noninterest-bearing deposits | 9,680,000 | 8,589,000 | 8,009,000 | 3,759,000 |
| Equity capital | 1,903,000 | 1,677,000 | 1,442,000 | 1,208,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 155,000 | 292,000 | 406,000 | 513,000 |
| Interest expense | 8,000 | 16,000 | 27,000 | 38,000 |
| Net interest income | 147,000 | 276,000 | 379,000 | 475,000 |
| Noninterest income | 429,000 | 549,000 | 662,000 | 776,000 |
| Noninterest expense | 530,000 | 1,045,000 | 1,538,000 | 2,045,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 46,000 | -220,000 | -497,000 | -794,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 46,000 | -220,000 | -497,000 | -794,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,952,000 | 1,715,000 | 1,488,000 | 1,236,000 |
| Total capital | 1,952,000 | 1,715,000 | 1,488,000 | 1,236,000 |
| Risk-weighted assets | 2,925,000 | 2,864,000 | 2,884,000 | 2,887,000 |