Call reports 2023
BETTER BANKS — 2023
What BETTER BANKS 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 | 441,653,000 | 451,074,000 | 457,429,000 | 465,381,000 |
| Total loans | 263,769,000 | 269,242,000 | 281,166,000 | 288,691,000 |
| Allowance for loan losses | 3,979,000 | 4,038,000 | 3,932,000 | 3,733,000 |
| Securities available for sale | 88,401,000 | 89,447,000 | 83,298,000 | 86,661,000 |
| Securities held to maturity | 63,508,000 | 63,380,000 | 63,405,000 | 64,973,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 417,191,000 | 426,216,000 | 432,907,000 | 436,599,000 |
| Interest-bearing deposits | 332,301,000 | 344,529,000 | 357,241,000 | 357,443,000 |
| Noninterest-bearing deposits | 84,890,000 | 81,687,000 | 75,666,000 | 79,156,000 |
| Equity capital | 22,696,000 | 22,688,000 | 21,259,000 | 25,915,000 |
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 | 3,885,000 | 8,078,000 | 12,563,000 | 17,366,000 |
| Interest expense | 639,000 | 1,578,000 | 2,886,000 | 4,464,000 |
| Net interest income | 3,246,000 | 6,500,000 | 9,677,000 | 12,902,000 |
| Noninterest income | 1,107,000 | 2,152,000 | 3,351,000 | 4,371,000 |
| Noninterest expense | 3,359,000 | 6,739,000 | 10,187,000 | 13,488,000 |
| Provision for loan losses | 75,000 | 150,000 | 225,000 | 300,000 |
| Pretax income | 919,000 | 1,763,000 | 2,606,000 | 3,285,000 |
| Income tax | 45,000 | 133,000 | 198,000 | 264,000 |
| Net income | 874,000 | 1,630,000 | 2,408,000 | 3,021,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,499,000 | 36,059,000 | 36,772,000 | 37,370,000 |
| Total capital | 39,072,000 | 39,688,000 | 40,520,000 | 41,197,000 |
| Risk-weighted assets | 285,155,000 | 289,726,000 | 299,503,000 | 306,114,000 |