Call reports 2023
ERGO BANK — 2023
What ERGO 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 | 218,750,000 | 221,162,000 | 223,314,000 | 240,478,000 |
| Total loans | 181,355,000 | 188,169,000 | 191,554,000 | 191,953,000 |
| Allowance for loan losses | 1,486,000 | 1,493,000 | 1,444,000 | 1,457,000 |
| Securities available for sale | 17,917,000 | 17,274,000 | 16,082,000 | 17,986,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 181,522,000 | 179,224,000 | 188,024,000 | 192,190,000 |
| Interest-bearing deposits | 147,262,000 | 149,051,000 | 167,200,000 | 168,740,000 |
| Noninterest-bearing deposits | 34,260,000 | 30,172,000 | 20,824,000 | 23,450,000 |
| Equity capital | 20,454,000 | 21,115,000 | 21,034,000 | 22,294,000 |
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 | 1,731,000 | 4,420,000 | 7,250,000 | 10,515,000 |
| Interest expense | 437,000 | 1,263,000 | 2,174,000 | 3,246,000 |
| Net interest income | 1,294,000 | 3,157,000 | 5,076,000 | 7,269,000 |
| Noninterest income | 114,000 | 316,000 | 593,000 | 807,000 |
| Noninterest expense | 1,106,000 | 2,486,000 | 4,027,000 | 5,458,000 |
| Provision for loan losses | 20,000 | 39,000 | 59,000 | 78,000 |
| Pretax income | 287,000 | 956,000 | 1,594,000 | 2,303,000 |
| Income tax | 55,000 | 241,000 | 400,000 | 423,000 |
| Net income | 232,000 | 715,000 | 1,194,000 | 1,880,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,029,000 | 18,747,000 | 19,084,000 | 19,554,000 |
| Total capital | 19,515,000 | 20,240,000 | 20,528,000 | 21,011,000 |
| Risk-weighted assets | 192,750,000 | 194,129,000 | 202,524,000 | 200,252,000 |