Call reports 2023
DOGWOOD STATE BANK — 2023
What DOGWOOD STATE 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 | 1,175,114,000 | 1,302,519,000 | 1,468,458,000 | 1,431,688,000 |
| Total loans | 917,361,000 | 1,010,077,000 | 1,056,965,000 | 1,110,613,000 |
| Allowance for loan losses | 10,235,000 | 11,205,000 | 11,385,000 | 11,943,000 |
| Securities available for sale | 40,810,000 | 39,565,000 | 40,887,000 | 49,245,000 |
| Securities held to maturity | 80,746,000 | 79,759,000 | 78,614,000 | 77,556,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 942,531,000 | 1,066,321,000 | 1,234,932,000 | 1,194,279,000 |
| Interest-bearing deposits | 659,062,000 | 757,903,000 | 844,914,000 | 902,369,000 |
| Noninterest-bearing deposits | 283,469,000 | 308,418,000 | 390,018,000 | 291,910,000 |
| Equity capital | 155,829,000 | 157,659,000 | 160,098,000 | 164,503,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 14,089,000 | 29,630,000 | 48,139,000 | 68,503,000 |
| Interest expense | 4,051,000 | 9,733,000 | 17,235,000 | 25,691,000 |
| Net interest income | 10,038,000 | 19,897,000 | 30,904,000 | 42,812,000 |
| Noninterest income | 2,609,000 | 5,350,000 | 8,272,000 | 11,950,000 |
| Noninterest expense | 8,575,000 | 16,883,000 | 25,849,000 | 36,003,000 |
| Provision for loan losses | 559,000 | 2,308,000 | 3,252,000 | 3,851,000 |
| Pretax income | 3,504,000 | 6,034,000 | 9,873,000 | 13,671,000 |
| Income tax | 707,000 | 1,257,000 | 2,159,000 | 3,024,000 |
| Net income | 2,797,000 | 4,777,000 | 7,714,000 | 10,647,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 150,937,000 | 153,042,000 | 156,226,000 | 159,405,000 |
| Total capital | 162,098,000 | 165,148,000 | 168,632,000 | 173,409,000 |
| Risk-weighted assets | 972,682,000 | 1,071,766,000 | 1,118,086,000 | 1,183,434,000 |