Call reports 2023
1ST STATE BANK — 2023
What 1ST 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 | 472,591,000 | 479,405,000 | 479,150,000 | 482,694,000 |
| Total loans | 282,727,000 | 295,686,000 | 283,135,000 | 279,442,000 |
| Allowance for loan losses | 4,808,000 | 4,811,000 | 4,968,000 | 4,972,000 |
| Securities available for sale | 96,851,000 | 92,647,000 | 91,820,000 | 92,751,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 424,287,000 | 429,923,000 | 428,592,000 | 428,824,000 |
| Interest-bearing deposits | 222,116,000 | 214,169,000 | 212,464,000 | 222,981,000 |
| Noninterest-bearing deposits | 202,171,000 | 215,754,000 | 216,128,000 | 205,843,000 |
| Equity capital | 38,921,000 | 39,576,000 | 40,855,000 | 43,657,000 |
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 | 5,063,000 | 10,306,000 | 16,257,000 | 21,984,000 |
| Interest expense | 889,000 | 1,992,000 | 3,419,000 | 4,919,000 |
| Net interest income | 4,174,000 | 8,314,000 | 12,838,000 | 17,065,000 |
| Noninterest income | 393,000 | 874,000 | 1,381,000 | 1,799,000 |
| Noninterest expense | 2,882,000 | 5,787,000 | 8,573,000 | 11,555,000 |
| Provision for loan losses | 0 | 3,000 | 121,000 | 121,000 |
| Pretax income | 1,685,000 | 3,251,000 | 5,496,000 | 6,741,000 |
| Income tax | 342,000 | 666,000 | 1,129,000 | 1,380,000 |
| Net income | 1,343,000 | 2,585,000 | 4,367,000 | 5,361,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 43,573,000 | 44,732,000 | 46,429,000 | 47,330,000 |
| Total capital | 48,181,000 | 49,507,000 | 51,059,000 | 51,887,000 |
| Risk-weighted assets | 368,238,000 | 381,734,000 | 369,788,000 | 363,795,000 |