Call reports 2023
ARLO BANK — 2023
What ARLO 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 | 58,673,000 | 61,791,000 | 64,498,000 | 64,627,000 |
| Total loans | 46,480,000 | 49,391,000 | 52,975,000 | 53,067,000 |
| Allowance for loan losses | 455,000 | 465,000 | 500,000 | 515,000 |
| Securities available for sale | 6,538,000 | 6,251,000 | 6,093,000 | 6,150,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 40,677,000 | 44,955,000 | 47,666,000 | 47,173,000 |
| Interest-bearing deposits | 37,880,000 | 41,414,000 | 45,570,000 | 44,388,000 |
| Noninterest-bearing deposits | 2,797,000 | 3,541,000 | 2,096,000 | 2,785,000 |
| Equity capital | 9,963,000 | 9,773,000 | 9,751,000 | 10,475,000 |
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 | 676,000 | 1,469,000 | 2,314,000 | 3,266,000 |
| Interest expense | 310,000 | 735,000 | 1,189,000 | 1,677,000 |
| Net interest income | 366,000 | 734,000 | 1,125,000 | 1,589,000 |
| Noninterest income | 16,000 | 33,000 | 50,000 | 63,000 |
| Noninterest expense | 375,000 | 766,000 | 1,145,000 | 1,798,000 |
| Provision for loan losses | 0 | 10,000 | 46,000 | 61,000 |
| Pretax income | 7,000 | 1,000 | 20,000 | -171,000 |
| Income tax | 2,000 | 0 | 0 | -636,000 |
| Net income | 5,000 | 1,000 | 20,000 | 465,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,421,000 | 10,418,000 | 10,436,000 | 10,883,000 |