Call reports 2023
ABBEVILLE FIRST BANK, SSB — 2023
What ABBEVILLE FIRST BANK, SSB 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 | 116,081,000 | 116,391,000 | 121,234,000 | 123,264,000 |
| Total loans | 64,903,000 | 67,280,000 | 70,053,000 | 71,134,000 |
| Allowance for loan losses | 760,000 | 977,000 | 981,000 | 712,000 |
| Securities available for sale | 22,658,000 | 24,103,000 | 23,133,000 | 27,965,000 |
| Securities held to maturity | 6,593,000 | 6,568,000 | 6,552,000 | 6,534,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 103,096,000 | 101,901,000 | 104,830,000 | 104,535,000 |
| Interest-bearing deposits | 85,201,000 | 86,659,000 | 88,870,000 | 79,803,000 |
| Noninterest-bearing deposits | 17,895,000 | 15,242,000 | 15,960,000 | 24,732,000 |
| Equity capital | 8,052,000 | 8,059,000 | 7,651,000 | 9,136,000 |
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 | 1,162,000 | 2,428,000 | 3,700,000 | 5,059,000 |
| Interest expense | 153,000 | 497,000 | 881,000 | 1,273,000 |
| Net interest income | 1,009,000 | 1,931,000 | 2,819,000 | 3,786,000 |
| Noninterest income | 95,000 | 194,000 | 291,000 | 395,000 |
| Noninterest expense | 717,000 | 1,447,000 | 2,198,000 | 2,991,000 |
| Provision for loan losses | 9,000 | 18,000 | 24,000 | -243,000 |
| Pretax income | 378,000 | 660,000 | 888,000 | 1,279,000 |
| Income tax | 98,000 | 171,000 | 204,000 | 295,000 |
| Net income | 280,000 | 489,000 | 684,000 | 984,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,694,000 | 10,977,000 | 11,205,000 | 11,522,000 |