Call reports 2023
FIRST NATIONAL BANK OF ORWELL — 2023
What FIRST NATIONAL BANK OF ORWELL 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 | 83,956,000 | 83,293,000 | 81,114,000 | 78,840,000 |
| Total loans | 63,645,000 | 65,402,000 | 66,663,000 | 67,918,000 |
| Allowance for loan losses | 827,000 | 845,000 | 862,000 | 896,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 74,763,000 | 73,688,000 | 71,481,000 | 68,883,000 |
| Interest-bearing deposits | 53,723,000 | 51,212,000 | 50,706,000 | 48,177,000 |
| Noninterest-bearing deposits | 21,040,000 | 22,476,000 | 20,775,000 | 20,706,000 |
| Equity capital | 9,018,000 | 9,047,000 | 9,381,000 | 9,375,000 |
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 | 1,056,000 | 2,202,000 | 3,315,000 | 4,565,000 |
| Interest expense | 82,000 | 202,000 | 363,000 | 551,000 |
| Net interest income | 974,000 | 2,000,000 | 2,952,000 | 4,014,000 |
| Noninterest income | 47,000 | 109,000 | 164,000 | 230,000 |
| Noninterest expense | 501,000 | 1,052,000 | 1,621,000 | 2,248,000 |
| Provision for loan losses | 0 | 27,000 | 44,000 | 78,000 |
| Pretax income | 520,000 | 1,030,000 | 1,451,000 | 1,918,000 |
| Income tax | 108,000 | 214,000 | 301,000 | 398,000 |
| Net income | 412,000 | 816,000 | 1,150,000 | 1,520,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,018,000 | 9,047,000 | 9,381,000 | 9,375,000 |