Call reports 2023
NEWPORT FEDERAL BANK — 2023
What NEWPORT FEDERAL 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 | 256,300,000 | 257,315,000 | 262,732,000 | 262,816,000 |
| Total loans | 112,027,000 | 113,972,000 | 115,768,000 | 117,216,000 |
| Allowance for loan losses | 1,657,000 | 1,652,000 | 1,652,000 | 1,652,000 |
| Securities available for sale | 119,122,000 | 114,095,000 | 111,058,000 | 112,332,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 237,448,000 | 239,004,000 | 245,250,000 | 241,481,000 |
| Interest-bearing deposits | 187,852,000 | 199,209,000 | 208,817,000 | 203,864,000 |
| Noninterest-bearing deposits | 49,596,000 | 39,795,000 | 36,433,000 | 37,617,000 |
| Equity capital | 16,817,000 | 16,230,000 | 15,024,000 | 18,583,000 |
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 | 2,211,000 | 4,491,000 | 6,912,000 | 9,442,000 |
| Interest expense | 410,000 | 1,064,000 | 1,939,000 | 3,007,000 |
| Net interest income | 1,801,000 | 3,427,000 | 4,973,000 | 6,435,000 |
| Noninterest income | 209,000 | 428,000 | 636,000 | 837,000 |
| Noninterest expense | 1,192,000 | 2,394,000 | 3,622,000 | 4,846,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 818,000 | 1,461,000 | 1,987,000 | 2,426,000 |
| Income tax | 185,000 | 328,000 | 434,000 | 498,000 |
| Net income | 633,000 | 1,133,000 | 1,553,000 | 1,928,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,802,000 | 26,301,000 | 26,622,000 | 26,997,000 |
| Total capital | 27,333,000 | 27,857,000 | 28,211,000 | 28,559,000 |
| Risk-weighted assets | 122,246,000 | 124,271,000 | 126,959,000 | 124,775,000 |