FACTANKER · measured, cited, anchored official records connected

Call reports 2023

WASHINGTON COUNTY BANK — 2023

What WASHINGTON COUNTY BANK reported to the FFIEC in 2023, quarter by quarter.

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

Cite: FACTANKER, https://factanker.com/entity/5f61c4e9-326a-4bf9-93ac-201758dbe831/2023

Balance sheet

What the bank holds and owes at quarter end

Measure2023Q12023Q22023Q32023Q4
Total assets577,961,000590,804,000609,558,000609,362,000
Total loans427,718,000443,939,000455,882,000462,712,000
Allowance for loan losses4,879,0005,027,0005,174,0005,195,000
Securities available for sale114,245,000109,768,000106,384,000106,911,000
Securities held to maturity4,948,0004,944,0004,040,0003,975,000
Trading assets0000
Total deposits479,685,000466,517,000482,072,000479,475,000
Interest-bearing deposits367,583,000361,686,000370,270,000376,946,000
Noninterest-bearing deposits112,102,000104,831,000111,802,000102,529,000
Equity capital50,120,00050,679,00051,690,00055,998,000

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 income5,465,00011,543,00018,059,00025,113,000
Interest expense755,0002,015,0003,671,0005,745,000
Net interest income4,710,0009,528,00014,388,00019,368,000
Noninterest income534,0001,137,0001,779,0002,395,000
Noninterest expense2,955,0005,926,0008,879,00011,813,000
Provision for loan losses93,000228,000378,000403,000
Pretax income2,198,0004,513,0006,914,0009,554,000
Income tax450,000925,0001,422,0002,033,000
Net income1,748,0003,588,0005,492,0007,521,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2023Q12023Q22023Q32023Q4
Tier 1 capital58,665,00060,513,00062,452,00063,885,000
Total capital63,544,00065,540,00067,626,00069,080,000
Risk-weighted assets473,745,000482,457,000494,327,000501,266,000