Call reports 2023
UPSTATE NATIONAL BANK, THE — 2023
What UPSTATE NATIONAL BANK, THE 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 | 307,007,000 | 307,935,000 | 312,590,000 | 326,437,000 |
| Total loans | 254,598,000 | 262,862,000 | 263,269,000 | 253,727,000 |
| Allowance for loan losses | 2,567,000 | 2,567,000 | 2,567,000 | 2,648,000 |
| Securities available for sale | 31,393,000 | 30,078,000 | 28,812,000 | 28,680,000 |
| Securities held to maturity | 10,000 | 10,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 232,837,000 | 211,409,000 | 206,960,000 | 201,074,000 |
| Interest-bearing deposits | 209,520,000 | 190,980,000 | 182,502,000 | 184,009,000 |
| Noninterest-bearing deposits | 23,317,000 | 20,429,000 | 24,458,000 | 17,065,000 |
| Equity capital | 22,043,000 | 21,394,000 | 30,909,000 | 29,416,000 |
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 | 3,394,000 | 7,067,000 | 10,885,000 | 14,860,000 |
| Interest expense | 2,199,000 | 4,773,000 | 7,542,000 | 10,424,000 |
| Net interest income | 1,195,000 | 2,294,000 | 3,343,000 | 4,436,000 |
| Noninterest income | 13,000 | 25,000 | 34,000 | -449,000 |
| Noninterest expense | 1,106,000 | 2,053,000 | 3,003,000 | 5,224,000 |
| Provision for loan losses | 0 | 0 | 0 | 80,000 |
| Pretax income | 102,000 | 266,000 | 374,000 | -1,398,000 |
| Income tax | 34,000 | 85,000 | 122,000 | 423,000 |
| Net income | 68,000 | 181,000 | 252,000 | -1,821,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,830,000 | 23,010,000 | 32,896,000 | 31,407,000 |
| Total capital | 25,397,000 | 25,577,000 | 35,463,000 | 34,028,000 |
| Risk-weighted assets | 208,323,000 | 214,804,000 | 213,030,000 | 209,673,000 |