Call reports 2023
BANK OF OAK RIDGE — 2023
What BANK OF OAK RIDGE 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 | 586,336,000 | 608,890,000 | 609,543,000 | 617,425,000 |
| Total loans | 446,947,000 | 443,304,000 | 454,522,000 | 466,795,000 |
| Allowance for loan losses | 4,779,000 | 4,696,000 | 4,808,000 | 4,920,000 |
| Securities available for sale | 78,030,000 | 95,323,000 | 90,148,000 | 91,850,000 |
| Securities held to maturity | 11,154,000 | 18,462,000 | 18,730,000 | 18,726,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 490,966,000 | 481,732,000 | 485,356,000 | 500,695,000 |
| Interest-bearing deposits | 376,336,000 | 371,588,000 | 378,434,000 | 400,337,000 |
| Noninterest-bearing deposits | 114,630,000 | 110,144,000 | 106,922,000 | 100,358,000 |
| Equity capital | 64,086,000 | 64,388,000 | 64,632,000 | 67,208,000 |
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 | 7,022,000 | 14,387,000 | 22,569,000 | 31,341,000 |
| Interest expense | 1,401,000 | 3,125,000 | 5,421,000 | 8,225,000 |
| Net interest income | 5,621,000 | 11,262,000 | 17,148,000 | 23,116,000 |
| Noninterest income | 975,000 | 1,866,000 | 2,916,000 | 3,833,000 |
| Noninterest expense | 4,565,000 | 8,962,000 | 13,551,000 | 17,851,000 |
| Provision for loan losses | 175,000 | 105,000 | 235,000 | 585,000 |
| Pretax income | 1,907,000 | 4,085,000 | 6,295,000 | 8,447,000 |
| Income tax | 420,000 | 908,000 | 1,418,000 | 1,870,000 |
| Net income | 1,487,000 | 3,177,000 | 4,877,000 | 6,577,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 65,653,000 | 66,752,000 | 67,867,000 | 68,962,000 |