Call reports 2023
CLARE BANK, NATIONAL ASSOCIATION — 2023
What CLARE BANK, NATIONAL ASSOCIATION 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 | 327,231,000 | 324,870,000 | 312,435,000 | 324,553,000 |
| Total loans | 139,674,000 | 139,740,000 | 136,771,000 | 142,348,000 |
| Allowance for loan losses | 655,000 | 660,000 | 692,000 | 692,000 |
| Securities available for sale | 133,024,000 | 129,192,000 | 121,066,000 | 122,262,000 |
| Securities held to maturity | 45,237,000 | 45,577,000 | 45,023,000 | 44,535,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 296,203,000 | 278,360,000 | 268,943,000 | 279,805,000 |
| Interest-bearing deposits | 242,161,000 | 226,952,000 | 219,558,000 | 226,948,000 |
| Noninterest-bearing deposits | 54,042,000 | 51,408,000 | 49,385,000 | 52,857,000 |
| Equity capital | 18,486,000 | 18,104,000 | 15,081,000 | 20,191,000 |
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 | 2,305,000 | 4,729,000 | 7,165,000 | 9,642,000 |
| Interest expense | 959,000 | 2,173,000 | 3,624,000 | 5,131,000 |
| Net interest income | 1,346,000 | 2,556,000 | 3,541,000 | 4,511,000 |
| Noninterest income | 82,000 | 164,000 | 249,000 | 331,000 |
| Noninterest expense | 1,162,000 | 2,278,000 | 3,403,000 | 4,558,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 343,000 | 524,000 | 473,000 | 384,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 343,000 | 524,000 | 473,000 | 384,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 37,536,000 | 37,716,000 | 37,666,000 | 37,576,000 |
| Total capital | — | 38,391,000 | — | 38,283,000 |
| Risk-weighted assets | — | 128,061,000 | — | 126,105,000 |