Call reports 2023
TRUSTCO BANK — 2023
What TRUSTCO 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 | 6,045,052,000 | 6,074,830,000 | 6,053,596,000 | 6,167,505,000 |
| Total loans | 4,800,328,000 | 4,887,602,000 | 4,963,562,000 | 5,003,697,000 |
| Allowance for loan losses | 46,685,000 | 46,914,000 | 47,226,000 | 48,578,000 |
| Securities available for sale | 476,622,000 | 452,666,000 | 450,100,000 | 452,241,000 |
| Securities held to maturity | 7,383,000 | 7,043,000 | 6,724,000 | 6,458,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 5,212,471,000 | 5,258,461,000 | 5,234,380,000 | 5,350,791,000 |
| Interest-bearing deposits | 4,406,331,000 | 4,466,880,000 | 4,460,929,000 | 4,596,320,000 |
| Noninterest-bearing deposits | 806,140,000 | 791,581,000 | 773,451,000 | 754,471,000 |
| Equity capital | 596,910,000 | 602,301,000 | 603,508,000 | 623,644,000 |
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 | 53,934,000 | 110,012,000 | 167,565,000 | 226,203,000 |
| Interest expense | 7,015,000 | 19,094,000 | 34,480,000 | 54,569,000 |
| Net interest income | 46,919,000 | 90,918,000 | 133,085,000 | 171,634,000 |
| Noninterest income | 4,993,000 | 9,905,000 | 14,767,000 | 19,650,000 |
| Noninterest expense | 27,305,000 | 54,419,000 | 81,680,000 | 110,298,000 |
| Provision for loan losses | 600,000 | 600,000 | 900,000 | 2,500,000 |
| Pretax income | 24,307,000 | 46,604,000 | 66,272,000 | 79,736,000 |
| Income tax | 6,073,000 | 11,645,000 | 16,309,000 | 19,497,000 |
| Net income | 18,234,000 | 34,959,000 | 49,963,000 | 60,239,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 619,731,000 | 627,959,000 | 634,460,000 | 636,328,000 |
| Total capital | 661,764,000 | 670,521,000 | 677,648,000 | 679,924,000 |
| Risk-weighted assets | 3,355,356,000 | 3,398,519,000 | 3,449,126,000 | 3,481,037,000 |