Call reports 2023
PORTAGE COUNTY BANK, THE — 2023
What PORTAGE 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 | 201,164,000 | 200,304,000 | 214,486,000 | 222,026,000 |
| Total loans | 120,138,000 | 122,069,000 | 115,568,000 | 112,127,000 |
| Allowance for loan losses | 1,101,000 | 1,117,000 | 1,134,000 | 1,151,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 62,436,000 | 61,081,000 | 60,523,000 | 60,382,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 173,112,000 | 167,197,000 | 180,172,000 | 187,620,000 |
| Interest-bearing deposits | 119,935,000 | 112,716,000 | 124,952,000 | 117,447,000 |
| Noninterest-bearing deposits | 53,177,000 | 54,481,000 | 55,220,000 | 70,173,000 |
| Equity capital | 20,780,000 | 21,024,000 | 21,079,000 | 21,047,000 |
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 | 1,871,000 | 3,852,000 | 6,045,000 | 8,477,000 |
| Interest expense | 515,000 | 1,139,000 | 1,862,000 | 2,665,000 |
| Net interest income | 1,356,000 | 2,713,000 | 4,183,000 | 5,812,000 |
| Noninterest income | 135,000 | 317,000 | 533,000 | 600,000 |
| Noninterest expense | 1,357,000 | 2,604,000 | 3,985,000 | 5,055,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 119,000 | 396,000 | 686,000 | 1,297,000 |
| Income tax | 0 | 29,000 | 29,000 | 0 |
| Net income | 119,000 | 367,000 | 657,000 | 1,297,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,473,000 | 20,746,000 | 20,830,000 | 20,827,000 |