Call reports 2023
SETTLERS BANK — 2023
What SETTLERS 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 | 131,538,000 | 127,823,000 | 127,880,000 | 129,477,000 |
| Total loans | 71,086,000 | 74,202,000 | 73,889,000 | 76,093,000 |
| Allowance for loan losses | 1,487,000 | 1,487,000 | 1,643,000 | 1,643,000 |
| Securities available for sale | 24,548,000 | 24,152,000 | 23,881,000 | 26,285,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 112,544,000 | 108,798,000 | 108,752,000 | 109,633,000 |
| Interest-bearing deposits | 86,964,000 | 82,566,000 | 79,946,000 | 80,819,000 |
| Noninterest-bearing deposits | 25,580,000 | 26,232,000 | 28,806,000 | 28,814,000 |
| Equity capital | 18,507,000 | 18,676,000 | 18,793,000 | 19,522,000 |
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 | 1,441,000 | 2,977,000 | 4,579,000 | 6,211,000 |
| Interest expense | 76,000 | 183,000 | 320,000 | 491,000 |
| Net interest income | 1,365,000 | 2,794,000 | 4,259,000 | 5,720,000 |
| Noninterest income | 102,000 | 180,000 | 255,000 | 332,000 |
| Noninterest expense | 833,000 | 1,572,000 | 2,316,000 | 3,048,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 634,000 | 1,402,000 | 2,198,000 | 3,004,000 |
| Income tax | 131,000 | 288,000 | 451,000 | 615,000 |
| Net income | 503,000 | 1,114,000 | 1,747,000 | 2,389,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,889,000 | 19,351,000 | 19,633,000 | 19,976,000 |