Call reports 2023
EQUITABLE BANK — 2023
What EQUITABLE 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 | 472,074,000 | 480,994,000 | 492,781,000 | 497,862,000 |
| Total loans | 414,877,000 | 425,938,000 | 426,350,000 | 446,119,000 |
| Allowance for loan losses | 6,027,000 | 6,217,000 | 6,027,000 | 6,027,000 |
| Securities available for sale | 31,487,000 | 30,233,000 | 28,689,000 | 28,941,000 |
| Securities held to maturity | 9,000 | 8,000 | 7,000 | 6,000 |
| Trading assets | 67,000 | 72,000 | 77,000 | 96,000 |
| Total deposits | 415,289,000 | 413,170,000 | 427,611,000 | 428,905,000 |
| Interest-bearing deposits | 355,882,000 | 354,821,000 | 374,940,000 | 371,734,000 |
| Noninterest-bearing deposits | 59,407,000 | 58,349,000 | 52,671,000 | 57,171,000 |
| Equity capital | 44,222,000 | 45,008,000 | 45,827,000 | 45,930,000 |
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 | 5,421,000 | 11,136,000 | 17,289,000 | 23,709,000 |
| Interest expense | 1,858,000 | 4,146,000 | 6,933,000 | 9,950,000 |
| Net interest income | 3,563,000 | 6,990,000 | 10,356,000 | 13,759,000 |
| Noninterest income | 1,128,000 | 2,406,000 | 3,669,000 | 4,953,000 |
| Noninterest expense | 3,532,000 | 7,240,000 | 11,223,000 | 15,081,000 |
| Provision for loan losses | -117,000 | 92,000 | -34,000 | -34,000 |
| Pretax income | 1,276,000 | 2,064,000 | 2,826,000 | 3,664,000 |
| Income tax | 364,000 | 472,000 | 649,000 | 845,000 |
| Net income | 912,000 | 1,592,000 | 2,177,000 | 2,819,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 43,801,000 | 44,702,000 | 45,383,000 | 45,235,000 |
| Total capital | 48,617,000 | 49,618,000 | 50,275,000 | 50,271,000 |
| Risk-weighted assets | 384,069,000 | 391,989,000 | 390,063,000 | 401,741,000 |