Call reports 2023
WORTHINGTON BANK — 2023
What WORTHINGTON 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 | 484,002,000 | 510,159,000 | 542,797,000 | 568,232,000 |
| Total loans | 354,794,000 | 375,571,000 | 387,383,000 | 418,719,000 |
| Allowance for loan losses | 3,567,000 | 3,763,000 | 3,917,000 | 3,918,000 |
| Securities available for sale | 89,988,000 | 89,134,000 | 89,419,000 | 90,931,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 436,038,000 | 438,310,000 | 493,717,000 | 499,463,000 |
| Interest-bearing deposits | 207,693,000 | 232,987,000 | 260,673,000 | 280,167,000 |
| Noninterest-bearing deposits | 228,345,000 | 205,323,000 | 233,044,000 | 219,295,000 |
| Equity capital | 44,258,000 | 43,911,000 | 44,433,000 | 46,184,000 |
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 | 5,613,000 | 11,606,000 | 18,221,000 | 25,429,000 |
| Interest expense | 1,000,000 | 2,875,000 | 5,295,000 | 7,972,000 |
| Net interest income | 4,613,000 | 8,731,000 | 12,926,000 | 17,457,000 |
| Noninterest income | 268,000 | 504,000 | 738,000 | 1,010,000 |
| Noninterest expense | 3,034,000 | 6,403,000 | 9,987,000 | 14,033,000 |
| Provision for loan losses | 216,000 | 411,000 | 564,000 | 564,000 |
| Pretax income | 1,631,000 | 2,421,000 | 3,113,000 | 3,870,000 |
| Income tax | 356,000 | 590,000 | 756,000 | 735,000 |
| Net income | 1,275,000 | 1,831,000 | 2,357,000 | 3,135,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 45,557,000 | 46,200,000 | 46,815,000 | 47,690,000 |
| Total capital | 49,124,000 | 49,963,000 | 50,732,000 | 51,608,000 |
| Risk-weighted assets | 372,653,000 | 375,681,000 | 394,188,000 | 419,632,000 |