Call reports 2023
BANK OF LABOR — 2023
What BANK OF LABOR 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 | 922,279,000 | 893,627,000 | 893,331,000 | 931,495,000 |
| Total loans | 304,021,000 | 320,801,000 | 309,739,000 | 326,417,000 |
| Allowance for loan losses | 3,636,000 | 3,732,000 | 3,787,000 | 4,215,000 |
| Securities available for sale | 403,485,000 | 405,554,000 | 386,942,000 | 438,599,000 |
| Securities held to maturity | 43,871,000 | 43,484,000 | 42,377,000 | 40,910,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 877,550,000 | 847,901,000 | 848,336,000 | 874,964,000 |
| Interest-bearing deposits | 600,603,000 | 580,189,000 | 580,582,000 | 605,539,000 |
| Noninterest-bearing deposits | 276,947,000 | 267,712,000 | 267,754,000 | 269,425,000 |
| Equity capital | 13,338,000 | 11,486,000 | 4,730,000 | 19,672,000 |
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 | 9,006,000 | 19,028,000 | 29,082,000 | 39,730,000 |
| Interest expense | 1,755,000 | 3,812,000 | 6,035,000 | 8,408,000 |
| Net interest income | 7,251,000 | 15,216,000 | 23,047,000 | 31,322,000 |
| Noninterest income | 1,859,000 | 3,731,000 | 5,632,000 | 7,336,000 |
| Noninterest expense | 6,593,000 | 13,588,000 | 20,912,000 | 28,668,000 |
| Provision for loan losses | 200,000 | 415,000 | 475,000 | 900,000 |
| Pretax income | 2,293,000 | 4,995,000 | 7,307,000 | 6,990,000 |
| Income tax | 560,000 | 1,223,000 | 1,789,000 | 1,715,000 |
| Net income | 1,733,000 | 3,772,000 | 5,518,000 | 5,275,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 65,967,000 | 67,856,000 | 69,426,000 | 69,035,000 |
| Total capital | 70,118,000 | 72,043,000 | 73,708,000 | 73,755,000 |
| Risk-weighted assets | 530,896,000 | 561,110,000 | 547,521,000 | 562,128,000 |