Call reports 2023
HURON STATE BANK — 2023
What HURON STATE 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 | 79,616,000 | 81,668,000 | 89,913,000 | 85,929,000 |
| Total loans | 48,790,000 | 50,602,000 | 51,156,000 | 50,856,000 |
| Allowance for loan losses | 682,000 | 725,000 | 750,000 | 769,000 |
| Securities available for sale | 15,636,000 | 16,350,000 | 15,418,000 | 14,964,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 69,822,000 | 72,033,000 | 80,244,000 | 75,466,000 |
| Interest-bearing deposits | 53,690,000 | 55,132,000 | 62,252,000 | 58,712,000 |
| Noninterest-bearing deposits | 16,132,000 | 16,901,000 | 17,992,000 | 16,754,000 |
| Equity capital | 9,668,000 | 9,481,000 | 9,499,000 | 10,355,000 |
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 | 806,000 | 1,669,000 | 2,566,000 | 3,568,000 |
| Interest expense | 84,000 | 228,000 | 427,000 | 633,000 |
| Net interest income | 722,000 | 1,441,000 | 2,139,000 | 2,935,000 |
| Noninterest income | 49,000 | 100,000 | 157,000 | 209,000 |
| Noninterest expense | 465,000 | 887,000 | 1,312,000 | 1,780,000 |
| Provision for loan losses | 2,000 | 40,000 | 58,000 | 67,000 |
| Pretax income | 304,000 | 617,000 | 929,000 | 1,307,000 |
| Income tax | 70,000 | 136,000 | 182,000 | 215,000 |
| Net income | 234,000 | 481,000 | 747,000 | 1,092,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,913,000 | 10,894,000 | 11,084,000 | 11,428,000 |