Call reports 2023
FIRST EXCHANGE BANK — 2023
What FIRST EXCHANGE 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 | 330,642,000 | 339,022,000 | 345,950,000 | 361,414,000 |
| Total loans | 273,398,000 | 281,176,000 | 290,892,000 | 304,924,000 |
| Allowance for loan losses | 5,191,000 | 5,099,000 | 5,248,000 | 4,020,000 |
| Securities available for sale | 35,048,000 | 33,362,000 | 30,929,000 | 31,725,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 298,112,000 | 288,555,000 | 286,972,000 | 293,018,000 |
| Interest-bearing deposits | 226,663,000 | 216,476,000 | 213,885,000 | 225,155,000 |
| Noninterest-bearing deposits | 71,449,000 | 72,079,000 | 73,087,000 | 67,863,000 |
| Equity capital | 27,605,000 | 27,340,000 | 26,259,000 | 28,418,000 |
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 | 3,561,000 | 7,340,000 | 11,392,000 | 15,672,000 |
| Interest expense | 516,000 | 1,290,000 | 2,399,000 | 3,874,000 |
| Net interest income | 3,045,000 | 6,050,000 | 8,993,000 | 11,798,000 |
| Noninterest income | 563,000 | 1,046,000 | 1,514,000 | 2,108,000 |
| Noninterest expense | 2,379,000 | 4,825,000 | 7,312,000 | 9,653,000 |
| Provision for loan losses | 69,000 | 63,000 | 258,000 | 284,000 |
| Pretax income | 1,064,000 | 2,102,000 | 2,846,000 | 3,859,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,064,000 | 2,102,000 | 2,846,000 | 3,859,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,413,000 | 32,852,000 | 32,996,000 | 33,358,000 |