Call reports 2023
FIRST NATIONAL BANK OF MONTEREY, THE — 2023
What FIRST NATIONAL BANK OF MONTEREY, THE 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 | 397,653,000 | 385,975,000 | 380,486,000 | 388,895,000 |
| Total loans | 204,688,000 | 208,557,000 | 215,837,000 | 216,567,000 |
| Allowance for loan losses | 4,751,000 | 4,753,000 | 4,749,000 | 4,782,000 |
| Securities available for sale | 152,334,000 | 147,711,000 | 140,661,000 | 143,169,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 350,380,000 | 343,794,000 | 340,224,000 | 344,905,000 |
| Interest-bearing deposits | 287,091,000 | 290,251,000 | 288,928,000 | 288,477,000 |
| Noninterest-bearing deposits | 63,289,000 | 53,543,000 | 51,296,000 | 56,428,000 |
| Equity capital | 35,773,000 | 35,689,000 | 33,592,000 | 37,708,000 |
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 | 3,811,000 | 7,718,000 | 11,752,000 | 16,049,000 |
| Interest expense | 1,355,000 | 3,046,000 | 5,041,000 | 7,332,000 |
| Net interest income | 2,456,000 | 4,672,000 | 6,711,000 | 8,717,000 |
| Noninterest income | 717,000 | 881,000 | 1,064,000 | 1,231,000 |
| Noninterest expense | 1,882,000 | 3,591,000 | 5,438,000 | 7,263,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,287,000 | 1,958,000 | 2,333,000 | 2,681,000 |
| Income tax | 204,000 | 186,000 | 196,000 | 202,000 |
| Net income | 1,083,000 | 1,772,000 | 2,137,000 | 2,479,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 51,077,000 | 51,766,000 | 52,130,000 | 51,848,000 |