Call reports 2023
SELECT BANK — 2023
What SELECT 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 | 455,381,000 | 454,780,000 | 455,093,000 | 470,396,000 |
| Total loans | 371,656,000 | 384,155,000 | 385,589,000 | 386,101,000 |
| Allowance for loan losses | 3,003,000 | 3,005,000 | 3,007,000 | 3,009,000 |
| Securities available for sale | 40,562,000 | 45,404,000 | 38,569,000 | 40,207,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 421,916,000 | 420,956,000 | 422,096,000 | 434,953,000 |
| Interest-bearing deposits | 358,662,000 | 369,790,000 | 372,615,000 | 387,233,000 |
| Noninterest-bearing deposits | 63,254,000 | 51,166,000 | 49,481,000 | 47,720,000 |
| Equity capital | 31,607,000 | 31,759,000 | 31,085,000 | 33,563,000 |
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 | 4,785,000 | 10,354,000 | 16,200,000 | 22,274,000 |
| Interest expense | 1,597,000 | 3,948,000 | 6,663,000 | 9,795,000 |
| Net interest income | 3,188,000 | 6,406,000 | 9,537,000 | 12,479,000 |
| Noninterest income | 209,000 | 440,000 | 646,000 | 868,000 |
| Noninterest expense | 2,192,000 | 4,482,000 | 6,816,000 | 9,151,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,205,000 | 2,364,000 | 3,367,000 | 4,196,000 |
| Income tax | 220,000 | 437,000 | 528,000 | 796,000 |
| Net income | 985,000 | 1,927,000 | 2,839,000 | 3,400,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,948,000 | 39,402,000 | 40,107,000 | 40,215,000 |
| Total capital | 41,507,000 | 41,963,000 | 42,670,000 | 42,780,000 |
| Risk-weighted assets | 305,326,000 | 317,192,000 | 325,545,000 | 328,029,000 |