Call reports 2023
ARMSTRONG BANK — 2023
What ARMSTRONG BANK 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 | 2,483,136,000 | 2,444,024,000 | 2,446,898,000 | 2,536,998,000 |
| Total loans | 1,464,479,000 | 1,478,086,000 | 1,501,329,000 | 1,522,123,000 |
| Allowance for loan losses | 17,115,000 | 17,507,000 | 17,622,000 | 17,130,000 |
| Securities available for sale | 753,015,000 | 753,578,000 | 714,985,000 | 754,578,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,312,316,000 | 2,267,505,000 | 2,295,502,000 | 2,354,274,000 |
| Interest-bearing deposits | 1,634,797,000 | 1,631,794,000 | 1,678,227,000 | 1,751,126,000 |
| Noninterest-bearing deposits | 677,519,000 | 635,711,000 | 617,275,000 | 603,148,000 |
| Equity capital | 156,991,000 | 163,156,000 | 136,884,000 | 169,375,000 |
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 | 24,738,000 | 50,408,000 | 77,575,000 | 106,077,000 |
| Interest expense | 9,106,000 | 20,107,000 | 32,773,000 | 46,612,000 |
| Net interest income | 15,632,000 | 30,301,000 | 44,802,000 | 59,465,000 |
| Noninterest income | 5,347,000 | 10,923,000 | 16,926,000 | 21,744,000 |
| Noninterest expense | 15,467,000 | 29,301,000 | 44,714,000 | 61,868,000 |
| Provision for loan losses | 740,000 | 1,495,000 | 2,029,000 | 1,808,000 |
| Pretax income | 4,774,000 | 10,436,000 | 15,000,000 | 17,280,000 |
| Income tax | 793,000 | 1,911,000 | 2,747,000 | 2,545,000 |
| Net income | 3,981,000 | 8,525,000 | 12,253,000 | 14,735,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 231,772,000 | 236,005,000 | 236,885,000 | 236,482,000 |
| Total capital | 248,887,000 | 253,512,000 | 255,316,000 | 254,707,000 |
| Risk-weighted assets | 1,606,255,000 | 1,605,401,000 | 1,629,918,000 | 1,621,694,000 |