Call reports 2023
AMERICAN COMMUNITY BANK — 2023
What AMERICAN 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 | 259,624,000 | 246,214,000 | 246,872,000 | 255,065,000 |
| Total loans | 192,902,000 | 193,500,000 | 195,907,000 | 204,253,000 |
| Allowance for loan losses | 2,344,000 | 2,344,000 | 2,337,000 | 2,347,000 |
| Securities available for sale | 28,166,000 | 27,171,000 | 25,896,000 | 26,251,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 217,456,000 | 196,159,000 | 195,558,000 | 197,593,000 |
| Interest-bearing deposits | 127,041,000 | 115,719,000 | 118,609,000 | 119,395,000 |
| Noninterest-bearing deposits | 90,415,000 | 80,440,000 | 76,949,000 | 78,198,000 |
| Equity capital | 31,100,000 | 31,797,000 | 31,896,000 | 32,771,000 |
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 | 3,094,000 | 6,284,000 | 9,390,000 | 12,787,000 |
| Interest expense | 406,000 | 924,000 | 1,602,000 | 2,487,000 |
| Net interest income | 2,688,000 | 5,360,000 | 7,788,000 | 10,300,000 |
| Noninterest income | 199,000 | 665,000 | 968,000 | 1,308,000 |
| Noninterest expense | 2,159,000 | 4,246,000 | 6,399,000 | 8,998,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 694,000 | 1,745,000 | 2,323,000 | 2,576,000 |
| Income tax | 156,000 | 392,000 | 522,000 | 579,000 |
| Net income | 538,000 | 1,353,000 | 1,801,000 | 1,997,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,527,000 | 34,608,000 | 35,226,000 | 35,479,000 |