Call reports 2023
FIRST NATIONAL BANK OF AVA, THE — 2023
What FIRST NATIONAL BANK OF AVA, THE 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 | 74,008,000 | 71,737,000 | 71,549,000 | 71,869,000 |
| Total loans | 30,157,000 | 31,439,000 | 33,925,000 | 33,274,000 |
| Allowance for loan losses | 883,000 | 892,000 | 632,000 | 762,000 |
| Securities available for sale | 37,399,000 | 36,356,000 | 34,598,000 | 34,183,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 65,077,000 | 64,117,000 | 62,457,000 | 64,661,000 |
| Interest-bearing deposits | 51,443,000 | 51,533,000 | 51,116,000 | 52,201,000 |
| Noninterest-bearing deposits | 13,634,000 | 12,584,000 | 11,341,000 | 12,460,000 |
| Equity capital | 6,839,000 | 6,504,000 | 5,651,000 | 7,081,000 |
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 | 682,000 | 1,389,000 | 2,124,000 | 2,981,000 |
| Interest expense | 85,000 | 203,000 | 347,000 | 512,000 |
| Net interest income | 597,000 | 1,186,000 | 1,777,000 | 2,469,000 |
| Noninterest income | 39,000 | 66,000 | 93,000 | 115,000 |
| Noninterest expense | 423,000 | 916,000 | 1,418,000 | 1,934,000 |
| Provision for loan losses | 8,000 | 15,000 | 23,000 | 30,000 |
| Pretax income | 205,000 | 321,000 | 429,000 | 620,000 |
| Income tax | 34,000 | 42,000 | 49,000 | 40,000 |
| Net income | 171,000 | 279,000 | 380,000 | 580,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,345,000 | 9,281,000 | 9,275,000 | 9,374,000 |
| Total capital | 9,895,000 | 9,833,000 | 9,851,000 | 9,935,000 |
| Risk-weighted assets | 43,654,000 | 43,803,000 | 46,032,000 | 44,720,000 |