Call reports 2023
HATCH BANK — 2023
What HATCH 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 | 178,021,000 | 186,586,000 | 150,811,000 | 163,064,000 |
| Total loans | 132,212,000 | 138,653,000 | 109,133,000 | 119,975,000 |
| Allowance for loan losses | 783,000 | 875,000 | 807,000 | 924,000 |
| Securities available for sale | 33,440,000 | 32,471,000 | 29,615,000 | 31,218,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 96,524,000 | 120,732,000 | 82,611,000 | 80,248,000 |
| Interest-bearing deposits | 96,245,000 | 120,427,000 | 82,506,000 | 80,211,000 |
| Noninterest-bearing deposits | 280,000 | 305,000 | 105,000 | 37,000 |
| Equity capital | 28,581,000 | 27,822,000 | 27,002,000 | 28,941,000 |
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 | 1,860,000 | 3,947,000 | 6,222,000 | 7,948,000 |
| Interest expense | 1,310,000 | 2,588,000 | 4,239,000 | 5,712,000 |
| Net interest income | 550,000 | 1,359,000 | 1,983,000 | 2,236,000 |
| Noninterest income | 953,000 | 1,911,000 | 3,033,000 | 4,383,000 |
| Noninterest expense | 1,683,000 | 3,300,000 | 5,004,000 | 6,374,000 |
| Provision for loan losses | 67,000 | 303,000 | 343,000 | 543,000 |
| Pretax income | -398,000 | -483,000 | -830,000 | -795,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -398,000 | -483,000 | -830,000 | -795,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,503,000 | 33,417,000 | 33,072,000 | 33,107,000 |
| Total capital | 34,286,000 | 34,292,000 | 33,879,000 | 34,031,000 |
| Risk-weighted assets | 127,941,000 | 135,039,000 | 103,049,000 | 113,728,000 |