Call reports 2023
SAGE CAPITAL BANK — 2023
What SAGE CAPITAL 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 | 645,109,000 | 625,385,000 | 638,707,000 | 664,325,000 |
| Total loans | 354,911,000 | 349,430,000 | 342,664,000 | 354,628,000 |
| Allowance for loan losses | 4,125,000 | 4,188,000 | 4,248,000 | 4,308,000 |
| Securities available for sale | 120,624,000 | 118,659,000 | 118,346,000 | 129,621,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 581,810,000 | 560,625,000 | 571,827,000 | 593,260,000 |
| Interest-bearing deposits | 335,775,000 | 320,390,000 | 340,008,000 | 334,828,000 |
| Noninterest-bearing deposits | 246,035,000 | 240,235,000 | 231,819,000 | 258,432,000 |
| Equity capital | 59,219,000 | 61,008,000 | 62,811,000 | 66,848,000 |
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 | 7,040,000 | 14,499,000 | 22,009,000 | 30,213,000 |
| Interest expense | 1,003,000 | 2,328,000 | 3,980,000 | 6,042,000 |
| Net interest income | 6,037,000 | 12,171,000 | 18,029,000 | 24,171,000 |
| Noninterest income | 523,000 | 1,005,000 | 1,534,000 | 2,042,000 |
| Noninterest expense | 3,592,000 | 7,277,000 | 11,001,000 | 14,722,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 240,000 |
| Pretax income | 2,917,000 | 5,792,000 | 8,398,000 | 11,282,000 |
| Income tax | 605,000 | 1,305,000 | 1,715,000 | 2,285,000 |
| Net income | 2,312,000 | 4,487,000 | 6,683,000 | 8,997,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 61,296,000 | 63,470,000 | 65,666,000 | 67,980,000 |
| Total capital | 65,771,000 | 68,008,000 | 70,264,000 | 72,638,000 |
| Risk-weighted assets | 379,969,000 | 368,593,000 | 369,848,000 | 383,475,000 |