Call reports 2023
FLORENCE BANK — 2023
What FLORENCE 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 | 1,859,643,000 | 1,860,745,000 | 1,884,819,000 | 1,909,770,000 |
| Total loans | 1,103,040,000 | 1,097,982,000 | 1,124,214,000 | 1,135,390,000 |
| Allowance for loan losses | 6,771,000 | 6,796,000 | 6,871,000 | 6,756,000 |
| Securities available for sale | 314,268,000 | 309,533,000 | 294,690,000 | 312,721,000 |
| Securities held to maturity | 328,191,000 | 327,242,000 | 336,585,000 | 335,734,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,671,764,000 | 1,648,347,000 | 1,659,021,000 | 1,637,001,000 |
| Interest-bearing deposits | 1,198,287,000 | 1,182,369,000 | 1,202,837,000 | 1,195,584,000 |
| Noninterest-bearing deposits | 473,477,000 | 465,978,000 | 456,184,000 | 441,417,000 |
| Equity capital | 162,191,000 | 163,192,000 | 156,766,000 | 172,058,000 |
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 | 15,377,000 | 31,026,000 | 47,099,000 | 63,869,000 |
| Interest expense | 2,019,000 | 5,163,000 | 9,413,000 | 15,054,000 |
| Net interest income | 13,358,000 | 25,863,000 | 37,686,000 | 48,815,000 |
| Noninterest income | 1,812,000 | 3,817,000 | 5,690,000 | 7,579,000 |
| Noninterest expense | 9,700,000 | 19,007,000 | 28,288,000 | 38,551,000 |
| Provision for loan losses | 14,000 | 59,000 | 164,000 | 489,000 |
| Pretax income | 5,489,000 | 10,637,000 | 14,981,000 | 17,371,000 |
| Income tax | 1,356,000 | 2,620,000 | 3,656,000 | 4,297,000 |
| Net income | 4,133,000 | 8,017,000 | 11,325,000 | 13,074,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 209,600,000 | 213,484,000 | 216,792,000 | 218,541,000 |