Call reports 2023
TITAN BANK, N.A. — 2023
What TITAN BANK, N.A. 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 | 471,795,000 | 536,937,000 | 524,380,000 | 478,459,000 |
| Total loans | 237,789,000 | 251,492,000 | 260,871,000 | 264,069,000 |
| Allowance for loan losses | 2,702,000 | 2,940,000 | 3,044,000 | 2,972,000 |
| Securities available for sale | 5,621,000 | 42,020,000 | 6,485,000 | 6,259,000 |
| Securities held to maturity | 66,506,000 | 66,036,000 | 71,697,000 | 79,544,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 432,083,000 | 496,009,000 | 479,335,000 | 428,055,000 |
| Interest-bearing deposits | 389,292,000 | 454,768,000 | 438,359,000 | 303,827,000 |
| Noninterest-bearing deposits | 42,791,000 | 41,241,000 | 40,976,000 | 124,228,000 |
| Equity capital | 37,712,000 | 39,167,000 | 42,921,000 | 47,796,000 |
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 | 5,795,000 | 12,765,000 | 19,735,000 | 26,867,000 |
| Interest expense | 586,000 | 1,700,000 | 2,760,000 | 3,882,000 |
| Net interest income | 5,209,000 | 11,065,000 | 16,975,000 | 22,985,000 |
| Noninterest income | 355,000 | 587,000 | 765,000 | 1,302,000 |
| Noninterest expense | 2,174,000 | 4,669,000 | 6,888,000 | 9,000,000 |
| Provision for loan losses | -190,000 | 106,000 | 219,000 | 153,000 |
| Pretax income | 3,560,000 | 6,843,000 | 10,624,000 | 15,184,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 3,560,000 | 6,843,000 | 10,624,000 | 15,184,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 47,505,000 | 48,702,000 | 52,205,000 | 56,767,000 |
| Total capital | 50,173,000 | 51,562,000 | 55,208,000 | 59,805,000 |
| Risk-weighted assets | 213,178,000 | 228,458,000 | 239,968,000 | 242,993,000 |