Call reports 2023
ACADEMY BANK, N.A. — 2023
What ACADEMY BANK, N.A. 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 | 2,521,553,000 | 2,509,631,000 | 2,506,566,000 | 2,603,349,000 |
| Total loans | 1,927,524,000 | 1,953,824,000 | 1,982,465,000 | 2,009,413,000 |
| Allowance for loan losses | 25,314,000 | 26,171,000 | 26,624,000 | 27,985,000 |
| Securities available for sale | 278,265,000 | 272,693,000 | 253,305,000 | 257,809,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,056,455,000 | 2,046,630,000 | 2,045,763,000 | 2,075,199,000 |
| Interest-bearing deposits | 1,575,783,000 | 1,617,042,000 | 1,645,044,000 | 1,680,126,000 |
| Noninterest-bearing deposits | 480,672,000 | 429,588,000 | 400,719,000 | 395,073,000 |
| Equity capital | 385,566,000 | 387,577,000 | 383,931,000 | 396,150,000 |
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 | 29,463,000 | 61,901,000 | 95,545,000 | 131,093,000 |
| Interest expense | 8,920,000 | 20,849,000 | 34,286,000 | 49,614,000 |
| Net interest income | 20,543,000 | 41,052,000 | 61,259,000 | 81,479,000 |
| Noninterest income | 10,834,000 | 22,918,000 | 34,091,000 | 44,094,000 |
| Noninterest expense | 20,899,000 | 42,471,000 | 64,345,000 | 86,319,000 |
| Provision for loan losses | 1,400,000 | 2,600,000 | 3,900,000 | 6,500,000 |
| Pretax income | 8,889,000 | 18,648,000 | 26,836,000 | 32,908,000 |
| Income tax | 2,110,000 | 4,437,000 | 6,393,000 | 7,690,000 |
| Net income | 6,779,000 | 14,211,000 | 20,443,000 | 25,218,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 401,875,000 | 404,516,000 | 408,444,000 | 411,084,000 |
| Total capital | 429,782,000 | 432,762,000 | 436,931,000 | 439,899,000 |
| Risk-weighted assets | 2,231,640,000 | 2,258,237,000 | 2,277,410,000 | 2,302,862,000 |