Call reports 2023
FIRST METRO BANK — 2023
What FIRST METRO 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 | 899,078,000 | 928,187,000 | 953,053,000 | 979,295,000 |
| Total loans | 510,367,000 | 510,912,000 | 524,548,000 | 539,466,000 |
| Allowance for loan losses | 5,032,000 | 4,900,000 | 4,941,000 | 5,331,000 |
| Securities available for sale | 260,767,000 | 252,400,000 | 244,055,000 | 252,349,000 |
| Securities held to maturity | 52,747,000 | 51,985,000 | 43,628,000 | 38,298,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 816,099,000 | 809,388,000 | 833,584,000 | 850,314,000 |
| Interest-bearing deposits | 789,496,000 | 780,719,000 | 806,337,000 | 823,493,000 |
| Noninterest-bearing deposits | 26,603,000 | 28,670,000 | 27,247,000 | 26,821,000 |
| Equity capital | 69,848,000 | 69,689,000 | 69,260,000 | 77,159,000 |
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 | 8,675,000 | 18,118,000 | 28,448,000 | 39,700,000 |
| Interest expense | 1,077,000 | 2,989,000 | 5,515,000 | 8,539,000 |
| Net interest income | 7,598,000 | 15,129,000 | 22,933,000 | 31,161,000 |
| Noninterest income | 1,052,000 | 2,164,000 | 3,261,000 | 4,381,000 |
| Noninterest expense | 3,871,000 | 7,794,000 | 11,747,000 | 16,195,000 |
| Provision for loan losses | 115,000 | 195,000 | 349,000 | 762,000 |
| Pretax income | 4,664,000 | 9,304,000 | 14,098,000 | 18,585,000 |
| Income tax | 1,216,000 | 2,426,000 | 3,675,000 | 4,567,000 |
| Net income | 3,448,000 | 6,878,000 | 10,423,000 | 14,018,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 99,099,000 | 102,530,000 | 106,075,000 | 105,696,000 |