Call reports 2023
LOVELADY STATE BANK — 2023
What LOVELADY STATE 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 | 52,306,000 | 52,065,000 | 50,624,000 | 50,048,000 |
| Total loans | 21,450,000 | 22,137,000 | 21,761,000 | 22,680,000 |
| Allowance for loan losses | 313,000 | 322,000 | 346,000 | 346,000 |
| Securities available for sale | 10,259,000 | 10,235,000 | 9,997,000 | 10,186,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,902,000 | 46,346,000 | 44,704,000 | 43,866,000 |
| Interest-bearing deposits | 30,547,000 | 29,335,000 | 27,773,000 | 28,130,000 |
| Noninterest-bearing deposits | 16,355,000 | 17,011,000 | 16,931,000 | 15,736,000 |
| Equity capital | 4,895,000 | 5,085,000 | 5,257,000 | 5,490,000 |
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 | 598,000 | 1,217,000 | 1,843,000 | 2,473,000 |
| Interest expense | 52,000 | 117,000 | 178,000 | 247,000 |
| Net interest income | 546,000 | 1,100,000 | 1,665,000 | 2,226,000 |
| Noninterest income | 80,000 | 172,000 | 263,000 | 528,000 |
| Noninterest expense | 422,000 | 868,000 | 1,278,000 | 1,802,000 |
| Provision for loan losses | 0 | 15,000 | 45,000 | 45,000 |
| Pretax income | 204,000 | 389,000 | 605,000 | 907,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 204,000 | 389,000 | 605,000 | 907,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,603,000 | 5,788,000 | 6,004,000 | 6,020,000 |
| Total capital | 5,916,000 | 6,110,000 | 6,350,000 | 6,366,000 |
| Risk-weighted assets | 28,102,000 | 28,210,000 | 27,810,000 | 28,611,000 |