Call reports 2023
ASCENT BANK — 2023
What ASCENT 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 | 87,717,000 | 90,739,000 | 89,104,000 | 93,589,000 |
| Total loans | 59,785,000 | 63,372,000 | 64,815,000 | 70,337,000 |
| Allowance for loan losses | 779,000 | 823,000 | 850,000 | 951,000 |
| Securities available for sale | 15,593,000 | 15,237,000 | 14,707,000 | 14,563,000 |
| Securities held to maturity | 840,000 | 840,000 | 840,000 | 840,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 77,239,000 | 81,336,000 | 79,634,000 | 83,658,000 |
| Interest-bearing deposits | 51,485,000 | 59,191,000 | 57,401,000 | 61,581,000 |
| Noninterest-bearing deposits | 25,754,000 | 22,145,000 | 22,233,000 | 22,077,000 |
| Equity capital | 7,189,000 | 7,192,000 | 7,092,000 | 7,689,000 |
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 | 987,000 | 2,041,000 | 3,166,000 | 4,410,000 |
| Interest expense | 163,000 | 422,000 | 768,000 | 1,155,000 |
| Net interest income | 824,000 | 1,619,000 | 2,398,000 | 3,255,000 |
| Noninterest income | 26,000 | 64,000 | 108,000 | 209,000 |
| Noninterest expense | 702,000 | 1,394,000 | 2,079,000 | 2,682,000 |
| Provision for loan losses | 36,000 | 80,000 | 107,000 | 207,000 |
| Pretax income | 112,000 | 209,000 | 320,000 | 575,000 |
| Income tax | 28,000 | 52,000 | 80,000 | 146,000 |
| Net income | 84,000 | 157,000 | 240,000 | 429,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,529,000 | 7,603,000 | 7,687,000 | 7,876,000 |
| Total capital | 8,293,000 | 8,374,000 | 8,474,000 | 8,721,000 |
| Risk-weighted assets | 61,143,000 | 61,640,000 | 62,868,000 | 67,494,000 |