Call reports 2023
SPIRO STATE BANK — 2023
What SPIRO 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 | 65,134,000 | 63,742,000 | 59,603,000 | 58,545,000 |
| Total loans | 10,513,000 | 10,627,000 | 10,436,000 | 10,440,000 |
| Allowance for loan losses | 400,000 | 400,000 | 400,000 | 400,000 |
| Securities available for sale | 28,074,000 | 27,265,000 | 25,841,000 | 26,208,000 |
| Securities held to maturity | 7,345,000 | 6,688,000 | 6,465,000 | 6,459,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 60,205,000 | 58,965,000 | 54,963,000 | 53,553,000 |
| Interest-bearing deposits | 36,850,000 | 36,670,000 | 33,247,000 | 32,833,000 |
| Noninterest-bearing deposits | 23,355,000 | 22,295,000 | 21,716,000 | 20,720,000 |
| Equity capital | 4,880,000 | 4,700,000 | 4,542,000 | 4,948,000 |
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 | 523,000 | 1,079,000 | 1,620,000 | 2,147,000 |
| Interest expense | 50,000 | 118,000 | 194,000 | 269,000 |
| Net interest income | 473,000 | 961,000 | 1,426,000 | 1,878,000 |
| Noninterest income | 92,000 | 176,000 | 263,000 | 381,000 |
| Noninterest expense | 446,000 | 887,000 | 1,333,000 | 1,920,000 |
| Provision for loan losses | 0 | 0 | -1,000 | -1,000 |
| Pretax income | 119,000 | 250,000 | 357,000 | 340,000 |
| Income tax | 16,000 | 35,000 | 48,000 | 33,000 |
| Net income | 103,000 | 215,000 | 309,000 | 307,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,465,000 | 6,577,000 | 6,671,000 | 6,412,000 |