Call reports 2023
SOLUTIONS BANK — 2023
What SOLUTIONS 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 | 455,272,000 | 454,366,000 | 449,404,000 | 483,626,000 |
| Total loans | 233,501,000 | 238,270,000 | 238,461,000 | 254,802,000 |
| Allowance for loan losses | 2,304,000 | 2,305,000 | 2,311,000 | 2,312,000 |
| Securities available for sale | 176,885,000 | 172,734,000 | 164,295,000 | 169,296,000 |
| Securities held to maturity | 1,414,000 | 8,552,000 | 11,198,000 | 11,216,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 418,339,000 | 418,392,000 | 423,348,000 | 398,948,000 |
| Interest-bearing deposits | 352,329,000 | 354,726,000 | 364,020,000 | 339,866,000 |
| Noninterest-bearing deposits | 66,010,000 | 63,666,000 | 59,328,000 | 59,082,000 |
| Equity capital | 23,426,000 | 21,953,000 | 16,713,000 | 23,985,000 |
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 | 4,693,000 | 9,450,000 | 14,361,000 | 19,550,000 |
| Interest expense | 1,252,000 | 2,775,000 | 4,754,000 | 7,040,000 |
| Net interest income | 3,441,000 | 6,675,000 | 9,607,000 | 12,510,000 |
| Noninterest income | 322,000 | 663,000 | 1,001,000 | 1,366,000 |
| Noninterest expense | 2,374,000 | 5,126,000 | 7,573,000 | 10,695,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,250,000 | 2,074,000 | 2,900,000 | 3,045,000 |
| Income tax | 39,000 | 43,000 | 64,000 | 84,000 |
| Net income | 1,211,000 | 2,031,000 | 2,836,000 | 2,961,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 45,042,000 | 44,951,000 | 45,050,000 | 44,544,000 |