Call reports 2023
SLOAN STATE BANK — 2023
What SLOAN STATE 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 | 75,315,000 | 70,769,000 | 68,456,000 | 67,730,000 |
| Total loans | 20,692,000 | 21,801,000 | 24,188,000 | 24,164,000 |
| Allowance for loan losses | 301,000 | 301,000 | 301,000 | 301,000 |
| Securities available for sale | 40,001,000 | 38,570,000 | 37,135,000 | 37,928,000 |
| Securities held to maturity | 1,000 | 1,000 | 1,000 | 1,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 73,405,000 | 68,917,000 | 65,152,000 | 65,126,000 |
| Interest-bearing deposits | 55,324,000 | 52,640,000 | 51,418,000 | 50,498,000 |
| Noninterest-bearing deposits | 18,082,000 | 16,277,000 | 13,734,000 | 14,628,000 |
| Equity capital | 1,785,000 | 1,752,000 | 963,000 | 2,481,000 |
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 | 678,000 | 1,372,000 | 2,029,000 | 2,702,000 |
| Interest expense | 53,000 | 133,000 | 266,000 | 438,000 |
| Net interest income | 625,000 | 1,239,000 | 1,763,000 | 2,264,000 |
| Noninterest income | 20,000 | 47,000 | 71,000 | 94,000 |
| Noninterest expense | 278,000 | 536,000 | 823,000 | 1,195,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 367,000 | 750,000 | 1,011,000 | 1,163,000 |
| Income tax | 17,000 | 36,000 | 48,000 | 55,000 |
| Net income | 350,000 | 714,000 | 963,000 | 1,108,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,644,000 | 7,777,000 | 7,931,000 | 8,000,000 |