FACTANKER · measured, cited, anchored official records connected

Call reports 2023

BANK OF MADISON — 2023

What BANK OF MADISON reported to the FFIEC in 2023, quarter by quarter.

PERIOD: 2023SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/3c9964b8-fcb4-4f28-8c8c-3ebbe9f5d22d/2023

Balance sheet

What the bank holds and owes at quarter end

Measure2023Q12023Q22023Q32023Q4
Total assets395,915,000385,905,000388,792,000406,703,000
Total loans280,171,000279,173,000271,608,000283,167,000
Allowance for loan losses3,686,0003,732,0003,860,0003,951,000
Securities available for sale74,916,00073,161,00069,125,00071,082,000
Securities held to maturity14,570,00014,523,00014,477,00014,430,000
Trading assets0000
Total deposits361,605,000351,186,000354,759,000369,213,000
Interest-bearing deposits250,722,000241,448,000253,728,000264,081,000
Noninterest-bearing deposits110,883,000109,738,000101,031,000105,132,000
Equity capital31,666,00031,962,00030,968,00033,228,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2023Q12023Q22023Q32023Q4
Interest income4,371,0009,195,00014,168,00019,711,000
Interest expense1,007,0002,337,0003,896,0005,750,000
Net interest income3,364,0006,858,00010,272,00013,961,000
Noninterest income277,000605,000853,0001,217,000
Noninterest expense2,266,0004,338,0006,603,0009,153,000
Provision for loan losses72,000117,000207,000297,000
Pretax income1,187,0002,887,0004,189,0005,582,000
Income tax235,000638,000997,0001,104,000
Net income952,0002,249,0003,192,0004,478,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2023Q12023Q22023Q32023Q4
Tier 1 capital39,395,00040,559,00041,370,00040,930,000
Total capital43,153,00044,313,00045,132,00044,857,000
Risk-weighted assets302,097,000300,313,000300,845,000314,055,000