Call reports 2023
SOLON STATE BANK — 2023
What SOLON STATE 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 | 125,026,000 | 122,942,000 | 119,172,000 | 123,397,000 |
| Total loans | 63,578,000 | 64,874,000 | 66,431,000 | 69,692,000 |
| Allowance for loan losses | 801,000 | 311,000 | 346,000 | 346,000 |
| Securities available for sale | 53,964,000 | 49,683,000 | 45,160,000 | 46,397,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 91,574,000 | 91,639,000 | 87,392,000 | 86,829,000 |
| Interest-bearing deposits | 65,022,000 | 65,367,000 | 61,702,000 | 61,083,000 |
| Noninterest-bearing deposits | 26,551,000 | 26,273,000 | 25,689,000 | 25,746,000 |
| Equity capital | 23,922,000 | 22,730,000 | 22,072,000 | 24,284,000 |
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 | 1,452,000 | 2,926,000 | 4,513,000 | 6,186,000 |
| Interest expense | 160,000 | 411,000 | 681,000 | 968,000 |
| Net interest income | 1,292,000 | 2,515,000 | 3,832,000 | 5,218,000 |
| Noninterest income | 87,000 | 163,000 | 194,000 | 275,000 |
| Noninterest expense | 637,000 | 1,348,000 | 1,931,000 | 2,603,000 |
| Provision for loan losses | 0 | 200,000 | 300,000 | 300,000 |
| Pretax income | 742,000 | 1,130,000 | 1,795,000 | 2,590,000 |
| Income tax | 32,000 | 66,000 | 100,000 | 134,000 |
| Net income | 710,000 | 1,064,000 | 1,695,000 | 2,456,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,871,000 | 26,383,000 | 26,592,000 | 26,935,000 |