Call reports 2023
WESTERN DAKOTA BANK — 2023
What WESTERN DAKOTA BANK 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 | 68,605,000 | 67,098,000 | 65,599,000 | 72,830,000 |
| Total loans | 22,329,000 | 25,175,000 | 25,975,000 | 23,187,000 |
| Allowance for loan losses | 350,000 | 366,000 | 374,000 | 378,000 |
| Securities available for sale | 10,258,000 | 10,197,000 | 8,164,000 | 7,687,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 62,833,000 | 61,362,000 | 59,653,000 | 66,385,000 |
| Interest-bearing deposits | 40,075,000 | 43,533,000 | 43,175,000 | 43,982,000 |
| Noninterest-bearing deposits | 22,758,000 | 17,829,000 | 16,478,000 | 22,403,000 |
| Equity capital | 5,605,000 | 5,535,000 | 5,718,000 | 6,210,000 |
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 | 657,000 | 1,357,000 | 2,037,000 | 2,826,000 |
| Interest expense | 103,000 | 240,000 | 429,000 | 633,000 |
| Net interest income | 554,000 | 1,117,000 | 1,608,000 | 2,193,000 |
| Noninterest income | 60,000 | 121,000 | 182,000 | 239,000 |
| Noninterest expense | 284,000 | 604,000 | 917,000 | 1,271,000 |
| Provision for loan losses | 15,000 | 30,000 | 39,000 | 45,000 |
| Pretax income | 315,000 | 604,000 | 834,000 | 1,062,000 |
| Income tax | 15,000 | 30,000 | 45,000 | 60,000 |
| Net income | 300,000 | 574,000 | 789,000 | 1,002,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,146,000 | 6,120,000 | 6,335,000 | 6,548,000 |
| Total capital | 6,488,000 | — | — | — |
| Risk-weighted assets | 27,339,000 | — | — | — |