Call reports 2023
FIRST STATE BANK OF FORREST — 2023
What FIRST STATE BANK OF FORREST 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 | 280,397,000 | 281,881,000 | 289,187,000 | 296,653,000 |
| Total loans | 235,260,000 | 243,698,000 | 251,487,000 | 248,754,000 |
| Allowance for loan losses | 2,101,000 | 2,000,000 | 2,033,000 | 2,293,000 |
| Securities available for sale | 21,424,000 | 20,761,000 | 20,250,000 | 20,237,000 |
| Securities held to maturity | 168,000 | 168,000 | 168,000 | 121,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 243,537,000 | 240,670,000 | 244,571,000 | 251,146,000 |
| Interest-bearing deposits | 204,943,000 | 204,818,000 | 210,912,000 | 215,591,000 |
| Noninterest-bearing deposits | 38,594,000 | 35,852,000 | 33,659,000 | 35,555,000 |
| Equity capital | 23,599,000 | 23,959,000 | 24,303,000 | 25,135,000 |
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 | 2,844,000 | 5,908,000 | 9,228,000 | 12,776,000 |
| Interest expense | 744,000 | 1,695,000 | 2,884,000 | 4,451,000 |
| Net interest income | 2,100,000 | 4,213,000 | 6,344,000 | 8,325,000 |
| Noninterest income | 176,000 | 381,000 | 602,000 | 828,000 |
| Noninterest expense | 1,580,000 | 3,061,000 | 4,640,000 | 6,342,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 370,000 |
| Pretax income | 666,000 | 1,473,000 | 2,216,000 | 2,441,000 |
| Income tax | 3,000 | 6,000 | 9,000 | 12,000 |
| Net income | 663,000 | 1,467,000 | 2,207,000 | 2,429,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,863,000 | 25,448,000 | 26,077,000 | 26,273,000 |
| Total capital | 26,964,000 | 27,448,000 | 28,110,000 | 28,566,000 |
| Risk-weighted assets | 216,631,000 | 220,933,000 | 229,845,000 | 229,220,000 |