Call reports 2023
CLARKSON BANK — 2023
What CLARKSON 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 | 70,949,000 | 69,755,000 | 68,214,000 | 70,384,000 |
| Total loans | 26,660,000 | 25,571,000 | 27,754,000 | 30,873,000 |
| Allowance for loan losses | 766,000 | 889,000 | 889,000 | 889,000 |
| Securities available for sale | 37,839,000 | 34,830,000 | 33,648,000 | 33,267,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 61,015,000 | 59,695,000 | 57,638,000 | 57,392,000 |
| Interest-bearing deposits | 45,755,000 | 45,712,000 | 45,203,000 | 45,169,000 |
| Noninterest-bearing deposits | 15,260,000 | 13,983,000 | 12,435,000 | 12,223,000 |
| Equity capital | 5,511,000 | 5,605,000 | 5,346,000 | 6,365,000 |
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 | 577,000 | 1,337,000 | 2,004,000 | 2,719,000 |
| Interest expense | 176,000 | 388,000 | 626,000 | 899,000 |
| Net interest income | 401,000 | 949,000 | 1,378,000 | 1,820,000 |
| Noninterest income | 23,000 | 43,000 | 61,000 | 78,000 |
| Noninterest expense | 252,000 | 504,000 | 768,000 | 1,041,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 172,000 | 488,000 | 671,000 | 857,000 |
| Income tax | 26,000 | 100,000 | 128,000 | 172,000 |
| Net income | 146,000 | 388,000 | 543,000 | 685,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,513,000 | 7,755,000 | 7,910,000 | 8,052,000 |