Call reports 2023
FIRST BANK OF BOAZ — 2023
What FIRST BANK OF BOAZ 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 | 254,945,000 | 247,669,000 | 241,418,000 | 242,539,000 |
| Total loans | 61,836,000 | 60,634,000 | 60,577,000 | 62,534,000 |
| Allowance for loan losses | 1,063,000 | 1,066,000 | 1,067,000 | 1,066,000 |
| Securities available for sale | 166,470,000 | 163,483,000 | 150,819,000 | 159,721,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 210,049,000 | 202,897,000 | 204,145,000 | 190,955,000 |
| Interest-bearing deposits | 153,819,000 | 148,500,000 | 145,193,000 | 140,238,000 |
| Noninterest-bearing deposits | 56,230,000 | 54,397,000 | 58,952,000 | 50,717,000 |
| Equity capital | 24,014,000 | 24,002,000 | 16,330,000 | 25,822,000 |
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 | 2,387,000 | 4,863,000 | 7,343,000 | 9,802,000 |
| Interest expense | 564,000 | 1,382,000 | 2,342,000 | 3,386,000 |
| Net interest income | 1,823,000 | 3,481,000 | 5,001,000 | 6,416,000 |
| Noninterest income | 123,000 | 246,000 | 363,000 | 483,000 |
| Noninterest expense | 888,000 | 1,777,000 | 2,598,000 | 3,425,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,058,000 | 1,950,000 | 2,766,000 | 3,474,000 |
| Income tax | 285,000 | 390,000 | 505,000 | 585,000 |
| Net income | 773,000 | 1,560,000 | 2,261,000 | 2,889,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 49,787,000 | 50,119,000 | 50,456,000 | 50,720,000 |