Call reports 2023
FIRST NATIONAL BANK OF FREDERICK, THE — 2023
What FIRST NATIONAL BANK OF FREDERICK, 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 | 29,670,000 | 29,721,000 | 27,711,000 | 31,239,000 |
| Total loans | 5,611,000 | 6,505,000 | 6,302,000 | 8,275,000 |
| Allowance for loan losses | 165,000 | 165,000 | 165,000 | 165,000 |
| Securities available for sale | 14,647,000 | 14,249,000 | 13,630,000 | 13,935,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 27,185,000 | 27,223,000 | 25,371,000 | 28,438,000 |
| Interest-bearing deposits | 18,916,000 | 20,652,000 | 20,720,000 | 20,272,000 |
| Noninterest-bearing deposits | 8,269,000 | 6,571,000 | 4,651,000 | 8,166,000 |
| Equity capital | 2,352,000 | 2,350,000 | 2,145,000 | 2,645,000 |
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 | 240,000 | 474,000 | 726,000 | 1,027,000 |
| Interest expense | 31,000 | 88,000 | 175,000 | 268,000 |
| Net interest income | 209,000 | 386,000 | 551,000 | 759,000 |
| Noninterest income | 17,000 | 31,000 | 44,000 | 59,000 |
| Noninterest expense | 137,000 | 256,000 | 398,000 | 529,000 |
| Provision for loan losses | 0 | -2,000 | -2,000 | -2,000 |
| Pretax income | 91,000 | 163,000 | 199,000 | 291,000 |
| Income tax | 20,000 | 14,000 | 23,000 | 44,000 |
| Net income | 71,000 | 149,000 | 176,000 | 247,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,236,000 | 3,314,000 | 3,341,000 | 3,412,000 |