Call reports 2023
BANK OF FOREST — 2023
What BANK OF FOREST 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 | 254,697,000 | 246,641,000 | 244,872,000 | 253,135,000 |
| Total loans | 127,459,000 | 130,943,000 | 140,247,000 | 145,940,000 |
| Allowance for loan losses | 1,620,000 | 1,680,000 | 1,742,000 | 1,779,000 |
| Securities available for sale | 89,000,000 | 86,852,000 | 82,294,000 | 84,339,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 219,498,000 | 216,500,000 | 216,864,000 | 219,386,000 |
| Interest-bearing deposits | 168,074,000 | 166,960,000 | 166,233,000 | 169,267,000 |
| Noninterest-bearing deposits | 51,424,000 | 49,540,000 | 50,631,000 | 50,119,000 |
| Equity capital | 18,533,000 | 18,164,000 | 16,491,000 | 19,590,000 |
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 | 2,317,000 | 4,916,000 | 7,658,000 | 10,647,000 |
| Interest expense | 498,000 | 1,244,000 | 2,100,000 | 3,142,000 |
| Net interest income | 1,819,000 | 3,672,000 | 5,558,000 | 7,505,000 |
| Noninterest income | 482,000 | 961,000 | 1,398,000 | 2,161,000 |
| Noninterest expense | 1,777,000 | 3,539,000 | 5,313,000 | 7,329,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 222,000 |
| Pretax income | 464,000 | 974,000 | 1,461,000 | 2,095,000 |
| Income tax | 0 | 0 | 0 | 78,000 |
| Net income | 464,000 | 974,000 | 1,461,000 | 2,017,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,613,000 | 29,589,000 | 30,076,000 | 29,582,000 |