Call reports 2023
FIRST STATE BANK OF OLMSTED — 2023
What FIRST STATE BANK OF OLMSTED 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 | 70,594,000 | 70,753,000 | 68,113,000 | 68,813,000 |
| Total loans | 40,042,000 | 40,716,000 | 40,619,000 | 41,444,000 |
| Allowance for loan losses | 436,000 | 439,000 | 442,000 | 445,000 |
| Securities available for sale | 21,115,000 | 20,811,000 | 21,428,000 | 20,994,000 |
| Securities held to maturity | 582,000 | 472,000 | 137,000 | 137,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 63,660,000 | 63,836,000 | 61,171,000 | 61,406,000 |
| Interest-bearing deposits | 51,977,000 | 53,041,000 | 51,510,000 | 50,452,000 |
| Noninterest-bearing deposits | 11,683,000 | 10,795,000 | 9,661,000 | 10,954,000 |
| Equity capital | 6,740,000 | 6,789,000 | 6,811,000 | 7,248,000 |
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 | 646,000 | 1,339,000 | 2,056,000 | 2,797,000 |
| Interest expense | 163,000 | 377,000 | 629,000 | 878,000 |
| Net interest income | 483,000 | 962,000 | 1,427,000 | 1,919,000 |
| Noninterest income | 52,000 | 98,000 | 145,000 | 195,000 |
| Noninterest expense | 361,000 | 743,000 | 1,114,000 | 1,533,000 |
| Provision for loan losses | 3,000 | 6,000 | 9,000 | 12,000 |
| Pretax income | 171,000 | 311,000 | 449,000 | 569,000 |
| Income tax | 32,000 | 51,000 | 73,000 | 88,000 |
| Net income | 139,000 | 260,000 | 376,000 | 481,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,187,000 | 6,209,000 | 6,192,000 | 6,801,000 |
| Total capital | 6,623,000 | 6,648,000 | 6,634,000 | 7,246,000 |
| Risk-weighted assets | 39,527,000 | 40,202,000 | 39,372,000 | 39,945,000 |