FACTANKER · measured, cited, anchored official records connected

Call reports 2023

SOLERA NATIONAL BANK — 2023

What SOLERA NATIONAL BANK reported to the FFIEC in 2023, quarter by quarter.

PERIOD: 2023SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/5bcbc2ec-7d4e-46b7-a44b-6148639a4f47/2023

Balance sheet

What the bank holds and owes at quarter end

Measure2023Q12023Q22023Q32023Q4
Total assets1,149,621,0001,174,288,0001,170,718,0001,227,867,000
Total loans717,944,000745,665,000746,198,000787,280,000
Allowance for loan losses8,847,0009,403,0009,405,0009,607,000
Securities available for sale168,708,000172,382,000169,745,000183,578,000
Securities held to maturity206,861,000206,180,000199,888,000200,825,000
Trading assets0000
Total deposits950,861,000932,417,0001,060,295,000970,228,000
Interest-bearing deposits414,474,000393,482,000551,828,000458,599,000
Noninterest-bearing deposits536,387,000538,935,000508,467,000511,629,000
Equity capital63,733,00067,712,00065,154,00079,503,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2023Q12023Q22023Q32023Q4
Interest income13,388,00027,937,00043,623,00059,999,000
Interest expense5,227,00011,354,00018,530,00026,259,000
Net interest income8,161,00016,583,00025,093,00033,740,000
Noninterest income1,152,0002,542,0003,736,0004,880,000
Noninterest expense3,468,0008,065,00011,812,00015,900,000
Provision for loan losses759,0001,318,0001,328,0001,531,000
Pretax income5,328,0009,984,00015,931,00021,499,000
Income tax703,0001,686,0002,718,0004,666,000
Net income4,625,0008,298,00013,213,00016,833,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2023Q12023Q22023Q32023Q4
Tier 1 capital81,015,00084,638,00089,552,00093,173,000
Total capital89,992,00094,171,00099,087,000102,910,000
Risk-weighted assets895,972,000931,502,000925,669,000913,632,000