Call reports 2023
HURON VALLEY STATE BANK — 2023
What HURON VALLEY 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 | 235,766,000 | 246,685,000 | 239,389,000 | 232,285,000 |
| Total loans | 150,875,000 | 158,561,000 | 168,841,000 | 177,301,000 |
| Allowance for loan losses | 2,158,000 | 2,188,000 | 2,248,000 | 2,358,000 |
| Securities available for sale | 21,832,000 | 24,405,000 | 26,954,000 | 27,268,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 214,223,000 | 224,699,000 | 216,718,000 | 208,701,000 |
| Interest-bearing deposits | 115,396,000 | 122,655,000 | 123,667,000 | 118,618,000 |
| Noninterest-bearing deposits | 98,827,000 | 102,044,000 | 93,051,000 | 90,083,000 |
| Equity capital | 20,661,000 | 21,176,000 | 21,696,000 | 22,756,000 |
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 | 2,762,000 | 5,748,000 | 8,940,000 | 12,179,000 |
| Interest expense | 569,000 | 1,275,000 | 2,057,000 | 2,868,000 |
| Net interest income | 2,193,000 | 4,473,000 | 6,883,000 | 9,311,000 |
| Noninterest income | 118,000 | 244,000 | 374,000 | 504,000 |
| Noninterest expense | 1,541,000 | 3,172,000 | 4,740,000 | 6,285,000 |
| Provision for loan losses | 30,000 | 60,000 | 120,000 | 230,000 |
| Pretax income | 740,000 | 1,485,000 | 2,397,000 | 3,300,000 |
| Income tax | 155,000 | 311,000 | 502,000 | 692,000 |
| Net income | 585,000 | 1,174,000 | 1,895,000 | 2,608,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,980,000 | 22,602,000 | 23,278,000 | 23,943,000 |
| Total capital | 23,873,000 | 24,604,000 | 25,393,000 | 26,126,000 |
| Risk-weighted assets | 151,200,000 | 159,940,000 | 169,031,000 | 174,495,000 |