Call reports 2023
ALDEN STATE BANK — 2023
What ALDEN 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 | 274,165,000 | 274,280,000 | 287,993,000 | 273,624,000 |
| Total loans | 148,381,000 | 152,566,000 | 152,734,000 | 159,958,000 |
| Allowance for loan losses | 5,136,000 | 5,161,000 | 5,215,000 | 5,257,000 |
| Securities available for sale | 20,418,000 | 35,572,000 | 53,981,000 | 54,142,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 242,829,000 | 242,750,000 | 256,204,000 | 240,197,000 |
| Interest-bearing deposits | 170,606,000 | 168,925,000 | 126,201,000 | 129,279,000 |
| Noninterest-bearing deposits | 72,223,000 | 73,825,000 | 130,003,000 | 110,918,000 |
| Equity capital | 28,972,000 | 29,227,000 | 29,620,000 | 31,707,000 |
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 | 3,243,000 | 6,762,000 | 10,339,000 | 14,169,000 |
| Interest expense | 359,000 | 1,032,000 | 1,938,000 | 2,916,000 |
| Net interest income | 2,884,000 | 5,730,000 | 8,401,000 | 11,253,000 |
| Noninterest income | 286,000 | 581,000 | 893,000 | 1,165,000 |
| Noninterest expense | 1,591,000 | 3,215,000 | 4,891,000 | 6,384,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,579,000 | 3,096,000 | 4,403,000 | 5,089,000 |
| Income tax | 367,000 | 697,000 | 993,000 | 1,022,000 |
| Net income | 1,212,000 | 2,399,000 | 3,410,000 | 4,067,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,567,000 | 30,856,000 | 31,063,000 | 32,149,000 |