Call reports 2023
MORGANTON SAVINGS BANK, S.S.B. — 2023
What MORGANTON SAVINGS BANK, S.S.B. 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 | 115,160,000 | 116,884,000 | 114,394,000 | 114,676,000 |
| Total loans | 75,201,000 | 74,098,000 | 72,016,000 | 71,609,000 |
| Allowance for loan losses | 2,386,000 | 2,386,000 | 2,387,000 | 2,387,000 |
| Securities available for sale | 11,030,000 | 10,384,000 | 9,361,000 | 9,529,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 77,174,000 | 78,601,000 | 75,846,000 | 75,091,000 |
| Interest-bearing deposits | 68,662,000 | 68,732,000 | 66,927,000 | 66,143,000 |
| Noninterest-bearing deposits | 8,512,000 | 9,869,000 | 8,919,000 | 8,948,000 |
| Equity capital | 25,226,000 | 25,406,000 | 25,560,000 | 26,808,000 |
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 | 1,192,000 | 2,426,000 | 3,621,000 | 5,070,000 |
| Interest expense | 121,000 | 321,000 | 537,000 | 792,000 |
| Net interest income | 1,071,000 | 2,105,000 | 3,084,000 | 4,278,000 |
| Noninterest income | 19,000 | 23,000 | 11,000 | 357,000 |
| Noninterest expense | 869,000 | 1,736,000 | 2,549,000 | 3,344,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 221,000 | 392,000 | 546,000 | 1,291,000 |
| Income tax | 0 | 0 | 0 | 189,000 |
| Net income | 221,000 | 392,000 | 546,000 | 1,102,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,050,000 | 27,229,000 | 27,384,000 | 27,783,000 |