Call reports 2023
NORTH STATE BANK — 2023
What NORTH STATE 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 | 1,283,081,000 | 1,339,965,000 | 1,349,345,000 | 1,376,845,000 |
| Total loans | 1,094,146,000 | 1,113,122,000 | 1,136,621,000 | 1,152,049,000 |
| Allowance for loan losses | 7,342,000 | 7,126,000 | 6,665,000 | 6,962,000 |
| Securities available for sale | 6,159,000 | 6,061,000 | 5,590,000 | 5,760,000 |
| Securities held to maturity | 53,595,000 | 53,482,000 | 53,370,000 | 53,258,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,165,914,000 | 1,220,559,000 | 1,228,739,000 | 1,155,963,000 |
| Interest-bearing deposits | 654,009,000 | 730,215,000 | 736,215,000 | 727,036,000 |
| Noninterest-bearing deposits | 511,905,000 | 490,344,000 | 492,524,000 | 428,927,000 |
| Equity capital | 105,467,000 | 107,151,000 | 107,767,000 | 109,006,000 |
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 | 14,417,000 | 29,450,000 | 45,157,000 | 62,109,000 |
| Interest expense | 1,361,000 | 3,824,000 | 7,969,000 | 13,379,000 |
| Net interest income | 13,056,000 | 25,626,000 | 37,188,000 | 48,730,000 |
| Noninterest income | 2,102,000 | 4,508,000 | 6,567,000 | 8,675,000 |
| Noninterest expense | 10,875,000 | 22,430,000 | 33,841,000 | 44,543,000 |
| Provision for loan losses | 124,000 | -290,000 | -723,000 | -495,000 |
| Pretax income | 4,168,000 | 8,030,000 | 10,720,000 | 13,448,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 4,168,000 | 8,030,000 | 10,720,000 | 13,448,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 105,592,000 | 107,272,000 | 108,086,000 | 109,041,000 |
| Total capital | 113,479,000 | 114,917,000 | 115,222,000 | 116,465,000 |
| Risk-weighted assets | 993,621,000 | 1,009,189,000 | 1,029,517,000 | 1,050,697,000 |