Call reports 2023
SCOTTSDALE COMMUNITY BANK — 2023
What SCOTTSDALE COMMUNITY 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 | 36,662,000 | 40,323,000 | 46,929,000 | 51,129,000 |
| Total loans | 13,868,000 | 19,675,000 | 30,244,000 | 33,561,000 |
| Allowance for loan losses | 165,000 | 234,000 | 374,000 | 405,000 |
| Securities available for sale | 8,569,000 | 8,278,000 | 7,516,000 | 7,612,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 19,789,000 | 22,544,000 | 27,329,000 | 30,609,000 |
| Interest-bearing deposits | 12,256,000 | 14,591,000 | 19,488,000 | 25,972,000 |
| Noninterest-bearing deposits | 7,533,000 | 7,953,000 | 7,841,000 | 4,637,000 |
| Equity capital | 14,958,000 | 14,481,000 | 13,991,000 | 13,983,000 |
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 | 382,000 | 845,000 | 1,437,000 | 2,122,000 |
| Interest expense | 56,000 | 137,000 | 309,000 | 574,000 |
| Net interest income | 326,000 | 708,000 | 1,128,000 | 1,548,000 |
| Noninterest income | 2,000 | 6,000 | 10,000 | 12,000 |
| Noninterest expense | 630,000 | 1,304,000 | 1,998,000 | 2,653,000 |
| Provision for loan losses | 53,000 | 122,000 | 262,000 | 293,000 |
| Pretax income | -355,000 | -712,000 | -1,122,000 | -1,386,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -355,000 | -712,000 | -1,122,000 | -1,386,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,319,000 | 14,980,000 | 14,590,000 | 14,346,000 |