Call reports 2023
CREDIT ONE BANK, NATIONAL ASSOCIATION — 2023
What CREDIT ONE BANK, NATIONAL ASSOCIATION 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 | 1,245,341,000 | 1,210,223,000 | 1,404,391,000 | 1,578,525,000 |
| Total loans | 774,971,000 | 844,771,000 | 955,625,000 | 1,067,382,000 |
| Allowance for loan losses | 115,437,000 | 123,505,000 | 135,240,000 | 153,786,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 26,718,000 | 26,909,000 | 27,139,000 | 20,881,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 495,453,000 | 543,339,000 | 641,452,000 | 667,527,000 |
| Interest-bearing deposits | 494,594,000 | 542,579,000 | 640,725,000 | 666,807,000 |
| Noninterest-bearing deposits | 859,000 | 760,000 | 727,000 | 720,000 |
| Equity capital | 526,583,000 | 442,539,000 | 480,113,000 | 590,704,000 |
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 | 60,645,000 | 123,277,000 | 195,317,000 | 275,880,000 |
| Interest expense | 3,679,000 | 8,590,000 | 15,192,000 | 23,218,000 |
| Net interest income | 56,966,000 | 114,687,000 | 180,125,000 | 252,662,000 |
| Noninterest income | 308,099,000 | 618,373,000 | 936,951,000 | 1,247,469,000 |
| Noninterest expense | 226,366,000 | 452,790,000 | 685,180,000 | 911,895,000 |
| Provision for loan losses | 24,935,000 | 55,435,000 | 89,265,000 | 135,335,000 |
| Pretax income | 113,879,000 | 224,835,000 | 342,409,000 | 453,000,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 113,879,000 | 224,835,000 | 342,409,000 | 453,000,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 525,227,000 | 441,183,000 | 478,757,000 | 589,348,000 |