Call reports 2023
BANK OF NEWINGTON — 2023
What BANK OF NEWINGTON 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 | 228,182,000 | 233,501,000 | 235,736,000 | 249,167,000 |
| Total loans | 180,151,000 | 184,591,000 | 192,914,000 | 197,445,000 |
| Allowance for loan losses | 2,630,000 | 2,765,000 | 3,041,000 | 3,108,000 |
| Securities available for sale | 4,792,000 | 4,373,000 | 7,261,000 | 8,643,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 207,073,000 | 211,705,000 | 212,355,000 | 225,766,000 |
| Interest-bearing deposits | 167,857,000 | 166,514,000 | 169,973,000 | 184,672,000 |
| Noninterest-bearing deposits | 39,216,000 | 45,191,000 | 42,382,000 | 41,094,000 |
| Equity capital | 18,927,000 | 19,537,000 | 20,425,000 | 21,447,000 |
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 | 3,450,000 | 7,252,000 | 11,280,000 | 15,454,000 |
| Interest expense | 795,000 | 1,890,000 | 3,134,000 | 4,530,000 |
| Net interest income | 2,655,000 | 5,362,000 | 8,146,000 | 10,924,000 |
| Noninterest income | 110,000 | 188,000 | 292,000 | 565,000 |
| Noninterest expense | 1,396,000 | 2,805,000 | 4,319,000 | 6,073,000 |
| Provision for loan losses | 150,000 | 300,000 | 450,000 | 500,000 |
| Pretax income | 1,219,000 | 2,445,000 | 3,669,000 | 4,816,000 |
| Income tax | 259,000 | 595,000 | 890,000 | 1,130,000 |
| Net income | 960,000 | 1,850,000 | 2,779,000 | 3,686,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,166,000 | 20,056,000 | 20,985,000 | 21,891,000 |
| Total capital | 21,382,000 | 22,287,000 | 23,304,000 | 24,287,000 |
| Risk-weighted assets | 176,662,000 | 177,789,000 | 184,670,000 | 190,758,000 |