Call reports 2023
BANK OF LEXINGTON, INC. — 2023
What BANK OF LEXINGTON, INC. 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 | 386,918,000 | 374,778,000 | 362,082,000 | 345,335,000 |
| Total loans | 240,682,000 | 243,782,000 | 252,439,000 | 261,706,000 |
| Allowance for loan losses | 1,481,000 | 1,484,000 | 1,512,000 | 1,579,000 |
| Securities available for sale | 9,272,000 | 8,984,000 | 8,635,000 | 10,725,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 345,107,000 | 324,014,000 | 309,688,000 | 292,410,000 |
| Interest-bearing deposits | 163,767,000 | 148,119,000 | 163,235,000 | 185,543,000 |
| Noninterest-bearing deposits | 181,340,000 | 175,895,000 | 146,453,000 | 106,867,000 |
| Equity capital | 35,094,000 | 36,185,000 | 37,435,000 | 38,382,000 |
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 | 3,819,000 | 8,310,000 | 12,958,000 | 17,589,000 |
| Interest expense | 656,000 | 1,395,000 | 2,478,000 | 3,951,000 |
| Net interest income | 3,163,000 | 6,915,000 | 10,480,000 | 13,638,000 |
| Noninterest income | 180,000 | 350,000 | 823,000 | 1,018,000 |
| Noninterest expense | 1,709,000 | 3,627,000 | 5,392,000 | 7,372,000 |
| Provision for loan losses | -76,000 | -73,000 | -45,000 | 52,000 |
| Pretax income | 1,660,000 | 3,644,000 | 5,890,000 | 7,172,000 |
| Income tax | 423,000 | 927,000 | 1,499,000 | 1,744,000 |
| Net income | 1,237,000 | 2,717,000 | 4,391,000 | 5,428,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,415,000 | 37,645,000 | 39,069,000 | 39,856,000 |
| Total capital | 37,946,000 | 39,196,000 | 40,647,000 | 41,495,000 |
| Risk-weighted assets | 217,610,000 | 219,362,000 | 222,562,000 | 223,325,000 |