Call reports 2023
KALAMAZOO COUNTY STATE BANK — 2023
What KALAMAZOO COUNTY 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 | 128,159,000 | 124,740,000 | 123,439,000 | 121,194,000 |
| Total loans | 61,980,000 | 60,553,000 | 60,584,000 | 59,848,000 |
| Allowance for loan losses | 502,000 | 506,000 | 480,000 | 442,000 |
| Securities available for sale | 50,332,000 | 48,556,000 | 46,985,000 | 47,924,000 |
| Securities held to maturity | 5,407,000 | 5,399,000 | 5,348,000 | 5,289,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 113,953,000 | 110,204,000 | 111,155,000 | 108,401,000 |
| Interest-bearing deposits | 67,638,000 | 67,308,000 | 67,481,000 | 64,655,000 |
| Noninterest-bearing deposits | 46,315,000 | 42,896,000 | 43,674,000 | 43,746,000 |
| Equity capital | 8,345,000 | 8,028,000 | 7,824,000 | 9,137,000 |
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 | 1,143,000 | 2,319,000 | 3,495,000 | 4,677,000 |
| Interest expense | 94,000 | 233,000 | 386,000 | 524,000 |
| Net interest income | 1,049,000 | 2,086,000 | 3,109,000 | 4,153,000 |
| Noninterest income | 71,000 | 151,000 | 244,000 | 352,000 |
| Noninterest expense | 915,000 | 1,841,000 | 2,816,000 | 3,790,000 |
| Provision for loan losses | 0 | 3,000 | 0 | -41,000 |
| Pretax income | 205,000 | 393,000 | 537,000 | 726,000 |
| Income tax | 45,000 | 84,000 | 107,000 | 139,000 |
| Net income | 160,000 | 309,000 | 430,000 | 587,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,030,000 | 13,179,000 | 13,303,000 | 13,296,000 |
| Total capital | 13,532,000 | 13,685,000 | 13,783,000 | 13,768,000 |
| Risk-weighted assets | 78,486,000 | 76,640,000 | 76,800,000 | 76,196,000 |