Call reports 2023
FOUNDATION ONE BANK — 2023
What FOUNDATION ONE 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 | 164,156,000 | 167,828,000 | 173,286,000 | 171,721,000 |
| Total loans | 137,188,000 | 140,536,000 | 141,992,000 | 142,515,000 |
| Allowance for loan losses | 1,727,000 | 1,763,000 | 1,781,000 | 1,789,000 |
| Securities available for sale | 9,917,000 | 14,511,000 | 15,569,000 | 18,845,000 |
| Securities held to maturity | 7,947,000 | 4,975,000 | 1,995,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 126,505,000 | 136,460,000 | 140,065,000 | 140,159,000 |
| Interest-bearing deposits | 98,672,000 | 105,746,000 | 111,312,000 | 113,438,000 |
| Noninterest-bearing deposits | 27,833,000 | 30,714,000 | 28,753,000 | 26,721,000 |
| Equity capital | 17,523,000 | 17,635,000 | 17,869,000 | 18,198,000 |
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 | 1,800,000 | 3,730,000 | 5,784,000 | 8,030,000 |
| Interest expense | 573,000 | 1,342,000 | 2,226,000 | 3,369,000 |
| Net interest income | 1,227,000 | 2,388,000 | 3,558,000 | 4,661,000 |
| Noninterest income | 36,000 | 98,000 | 256,000 | 328,000 |
| Noninterest expense | 982,000 | 1,979,000 | 2,972,000 | 3,953,000 |
| Provision for loan losses | 7,000 | 42,000 | 60,000 | 68,000 |
| Pretax income | 274,000 | 465,000 | 782,000 | 968,000 |
| Income tax | 61,000 | 107,000 | 181,000 | 219,000 |
| Net income | 213,000 | 358,000 | 601,000 | 749,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,242,000 | 17,387,000 | 17,629,000 | 17,779,000 |
| Total capital | 18,829,000 | — | — | — |
| Risk-weighted assets | 126,930,000 | — | — | — |