Call reports 2023
BANK OF MONTICELLO — 2023
What BANK OF MONTICELLO 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 | 162,230,000 | 160,105,000 | 153,430,000 | 149,871,000 |
| Total loans | 93,448,000 | 101,840,000 | 106,256,000 | 103,865,000 |
| Allowance for loan losses | 1,287,000 | 1,289,000 | 1,354,000 | 1,501,000 |
| Securities available for sale | 21,167,000 | 21,905,000 | 21,506,000 | 20,588,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 146,132,000 | 143,911,000 | 136,622,000 | 132,531,000 |
| Interest-bearing deposits | 109,803,000 | 104,689,000 | 96,501,000 | 98,323,000 |
| Noninterest-bearing deposits | 36,329,000 | 39,222,000 | 40,121,000 | 34,208,000 |
| Equity capital | 15,108,000 | 15,105,000 | 15,757,000 | 16,272,000 |
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 | 2,134,000 | 4,459,000 | 6,714,000 | 8,971,000 |
| Interest expense | 149,000 | 361,000 | 605,000 | 924,000 |
| Net interest income | 1,985,000 | 4,098,000 | 6,109,000 | 8,047,000 |
| Noninterest income | 158,000 | 334,000 | 487,000 | 652,000 |
| Noninterest expense | 948,000 | 1,887,000 | 2,832,000 | 4,037,000 |
| Provision for loan losses | 37,000 | 75,000 | 138,000 | 262,000 |
| Pretax income | 1,158,000 | 2,470,000 | 3,626,000 | 4,326,000 |
| Income tax | 189,000 | 252,000 | 302,000 | 276,000 |
| Net income | 969,000 | 2,218,000 | 3,324,000 | 4,050,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,282,000 | 17,373,000 | 18,360,000 | 18,202,000 |
| Total capital | 18,521,000 | 18,662,000 | 19,715,000 | 19,529,000 |
| Risk-weighted assets | 99,120,000 | 106,345,000 | 110,978,000 | 106,025,000 |