Call reports 2023
LAUDERDALE COUNTY BANK, THE — 2023
What LAUDERDALE COUNTY BANK, THE 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 | 64,222,000 | 63,536,000 | 61,420,000 | 64,732,000 |
| Total loans | 25,896,000 | 25,937,000 | 26,952,000 | 27,248,000 |
| Allowance for loan losses | 360,000 | 361,000 | 363,000 | 360,000 |
| Securities available for sale | 20,878,000 | 20,041,000 | 18,744,000 | 19,167,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 58,878,000 | 58,085,000 | 55,271,000 | 58,781,000 |
| Interest-bearing deposits | 40,788,000 | 40,359,000 | 39,881,000 | 41,117,000 |
| Noninterest-bearing deposits | 18,090,000 | 17,726,000 | 15,390,000 | 17,664,000 |
| Equity capital | 4,518,000 | 4,614,000 | 4,271,000 | 4,996,000 |
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 | 668,000 | 1,371,000 | 2,074,000 | 2,815,000 |
| Interest expense | 65,000 | 188,000 | 334,000 | 502,000 |
| Net interest income | 603,000 | 1,183,000 | 1,740,000 | 2,313,000 |
| Noninterest income | -27,000 | 73,000 | 133,000 | 234,000 |
| Noninterest expense | 361,000 | 805,000 | 1,245,000 | 1,711,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 215,000 | 451,000 | 628,000 | 836,000 |
| Income tax | 53,000 | 56,000 | 83,000 | 185,000 |
| Net income | 162,000 | 395,000 | 545,000 | 651,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,486,000 | 6,704,000 | 6,839,000 | 6,915,000 |