Call reports 2023
NORTH ADAMS STATE BANK — 2023
What NORTH ADAMS 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 | 44,569,000 | 46,587,000 | 46,983,000 | 45,088,000 |
| Total loans | 24,956,000 | 24,828,000 | 24,106,000 | 23,461,000 |
| Allowance for loan losses | 311,000 | 313,000 | 273,000 | 286,000 |
| Securities available for sale | 11,982,000 | 11,586,000 | 11,165,000 | 11,564,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 38,495,000 | 40,443,000 | 40,706,000 | 39,466,000 |
| Interest-bearing deposits | 26,851,000 | 27,451,000 | 28,202,000 | 27,796,000 |
| Noninterest-bearing deposits | 11,644,000 | 12,992,000 | 12,504,000 | 11,670,000 |
| Equity capital | 6,035,000 | 6,049,000 | 6,108,000 | 5,333,000 |
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 | 408,000 | 864,000 | 1,437,000 | 1,974,000 |
| Interest expense | 59,000 | 147,000 | 248,000 | 358,000 |
| Net interest income | 349,000 | 717,000 | 1,189,000 | 1,616,000 |
| Noninterest income | 43,000 | 77,000 | 106,000 | 142,000 |
| Noninterest expense | 291,000 | 580,000 | 865,000 | 1,413,000 |
| Provision for loan losses | 0 | 0 | -49,000 | -68,000 |
| Pretax income | 101,000 | 214,000 | 479,000 | 413,000 |
| Income tax | 21,000 | 45,000 | 99,000 | 69,000 |
| Net income | 80,000 | 169,000 | 380,000 | 344,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,771,000 | 6,859,000 | 7,070,000 | 5,984,000 |