Call reports 2023
EVOLVE BANK & TRUST — 2023
What EVOLVE BANK & TRUST 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 | 1,757,599,000 | 1,498,735,000 | 1,478,148,000 | 1,431,947,000 |
| Total loans | 933,303,000 | 967,719,000 | 974,495,000 | 1,044,675,000 |
| Allowance for loan losses | 11,502,000 | 12,317,000 | 12,460,000 | 16,576,000 |
| Securities available for sale | 16,210,000 | 16,707,000 | 15,432,000 | 15,945,000 |
| Securities held to maturity | 311,852,000 | 219,658,000 | 151,864,000 | 102,707,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,527,794,000 | 1,268,100,000 | 1,234,830,000 | 989,260,000 |
| Interest-bearing deposits | 1,043,340,000 | 854,137,000 | 851,917,000 | 715,351,000 |
| Noninterest-bearing deposits | 484,454,000 | 413,963,000 | 382,913,000 | 273,909,000 |
| Equity capital | 138,056,000 | 146,101,000 | 152,253,000 | 155,945,000 |
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 | 18,741,000 | 36,701,000 | 53,030,000 | 72,771,000 |
| Interest expense | 10,842,000 | 23,060,000 | 32,999,000 | 44,502,000 |
| Net interest income | 7,899,000 | 13,641,000 | 20,031,000 | 28,269,000 |
| Noninterest income | 26,944,000 | 60,045,000 | 89,771,000 | 119,065,000 |
| Noninterest expense | 25,039,000 | 52,312,000 | 79,219,000 | 107,775,000 |
| Provision for loan losses | 1,024,000 | 1,769,000 | 1,930,000 | 6,567,000 |
| Pretax income | 8,780,000 | 19,605,000 | 28,653,000 | 32,992,000 |
| Income tax | 2,100,000 | 4,896,000 | 7,242,000 | 8,321,000 |
| Net income | 6,680,000 | 14,709,000 | 21,411,000 | 24,671,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 136,439,000 | 144,491,000 | 150,957,000 | 154,180,000 |
| Total capital | 147,250,000 | 156,118,000 | 162,726,000 | 168,568,000 |
| Risk-weighted assets | 1,124,692,000 | 1,156,098,000 | 1,062,622,000 | 1,148,855,000 |