Call reports 2023
PRESIDENTIAL BANK, FSB — 2023
What PRESIDENTIAL BANK, FSB 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 | 819,011,000 | 846,094,000 | 864,711,000 | 932,000,000 |
| Total loans | 665,314,000 | 694,699,000 | 699,446,000 | 763,381,000 |
| Allowance for loan losses | 9,147,000 | 9,034,000 | 8,732,000 | 8,447,000 |
| Securities available for sale | 50,489,000 | 48,537,000 | 46,428,000 | 46,235,000 |
| Securities held to maturity | 15,867,000 | 15,876,000 | 20,886,000 | 20,896,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 656,394,000 | 670,552,000 | 675,510,000 | 737,246,000 |
| Interest-bearing deposits | 623,363,000 | 641,807,000 | 647,243,000 | 711,263,000 |
| Noninterest-bearing deposits | 33,031,000 | 28,745,000 | 28,267,000 | 25,983,000 |
| Equity capital | 89,258,000 | 87,344,000 | 84,486,000 | 84,622,000 |
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 | 10,348,000 | 21,746,000 | 33,861,000 | 46,882,000 |
| Interest expense | 2,813,000 | 7,221,000 | 12,463,000 | 18,655,000 |
| Net interest income | 7,535,000 | 14,525,000 | 21,398,000 | 28,227,000 |
| Noninterest income | 2,599,000 | 5,230,000 | 8,608,000 | 11,848,000 |
| Noninterest expense | 9,085,000 | 18,864,000 | 28,645,000 | 39,468,000 |
| Provision for loan losses | 1,000,000 | 2,358,000 | 6,112,000 | 6,852,000 |
| Pretax income | 77,000 | -1,440,000 | -4,611,000 | -6,087,000 |
| Income tax | -79,000 | -466,000 | -1,282,000 | -2,147,000 |
| Net income | 156,000 | -974,000 | -3,329,000 | -3,940,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 92,367,000 | 91,146,000 | 88,791,000 | 88,180,000 |
| Total capital | 100,625,000 | 99,574,000 | 97,493,000 | 97,335,000 |
| Risk-weighted assets | 659,206,000 | 672,489,000 | 695,117,000 | 732,022,000 |