Call reports 2023
HURON COMMUNITY BANK — 2023
What HURON COMMUNITY 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 | 312,358,000 | 310,821,000 | 336,710,000 | 330,102,000 |
| Total loans | 143,403,000 | 147,459,000 | 147,638,000 | 148,852,000 |
| Allowance for loan losses | 2,680,000 | 2,676,000 | 2,676,000 | 2,428,000 |
| Securities available for sale | 109,115,000 | 104,797,000 | 104,874,000 | 105,148,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 274,128,000 | 273,050,000 | 300,075,000 | 283,228,000 |
| Interest-bearing deposits | 222,359,000 | 215,933,000 | 239,550,000 | 231,005,000 |
| Noninterest-bearing deposits | 51,769,000 | 57,117,000 | 60,525,000 | 52,223,000 |
| Equity capital | 20,353,000 | 19,934,000 | 19,935,000 | 20,894,000 |
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 | 2,748,000 | 5,689,000 | 8,859,000 | 12,310,000 |
| Interest expense | 522,000 | 1,145,000 | 1,890,000 | 2,812,000 |
| Net interest income | 2,226,000 | 4,544,000 | 6,969,000 | 9,498,000 |
| Noninterest income | 244,000 | 432,000 | 644,000 | 932,000 |
| Noninterest expense | 2,198,000 | 4,293,000 | 6,427,000 | 8,572,000 |
| Provision for loan losses | 0 | 0 | 0 | -250,000 |
| Pretax income | 272,000 | 683,000 | 1,186,000 | 2,108,000 |
| Income tax | 4,000 | 47,000 | 104,000 | 225,000 |
| Net income | 268,000 | 636,000 | 1,082,000 | 1,883,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,769,000 | 28,848,000 | 28,852,000 | 28,400,000 |