Call reports 2023
QUEENSTOWN BANK OF MARYLAND — 2023
What QUEENSTOWN BANK OF MARYLAND 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 | 694,183,000 | 676,818,000 | 673,560,000 | 679,215,000 |
| Total loans | 445,948,000 | 447,112,000 | 447,413,000 | 457,399,000 |
| Allowance for loan losses | 7,517,000 | 7,586,000 | 7,156,000 | 6,734,000 |
| Securities available for sale | 148,292,000 | 143,562,000 | 133,185,000 | 136,404,000 |
| Securities held to maturity | 3,197,000 | 3,150,000 | 3,043,000 | 2,999,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 610,483,000 | 594,144,000 | 591,516,000 | 591,669,000 |
| Interest-bearing deposits | 436,153,000 | 419,429,000 | 415,698,000 | 420,353,000 |
| Noninterest-bearing deposits | 174,330,000 | 174,714,000 | 175,818,000 | 171,316,000 |
| Equity capital | 59,223,000 | 58,582,000 | 57,359,000 | 62,301,000 |
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 | 6,415,000 | 13,446,000 | 20,544,000 | 28,028,000 |
| Interest expense | 1,309,000 | 3,291,000 | 5,460,000 | 7,835,000 |
| Net interest income | 5,106,000 | 10,155,000 | 15,084,000 | 20,193,000 |
| Noninterest income | 412,000 | 879,000 | 1,337,000 | 1,783,000 |
| Noninterest expense | 3,347,000 | 6,800,000 | 10,206,000 | 13,691,000 |
| Provision for loan losses | -68,000 | -68,000 | -518,000 | -768,000 |
| Pretax income | 2,171,000 | 4,234,000 | 6,228,000 | 8,325,000 |
| Income tax | 558,000 | 1,094,000 | 1,606,000 | 2,150,000 |
| Net income | 1,613,000 | 3,140,000 | 4,622,000 | 6,175,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 77,439,000 | 78,068,000 | 79,551,000 | 79,009,000 |
| Total capital | 83,351,000 | 83,982,000 | 85,425,000 | 84,969,000 |
| Risk-weighted assets | 471,248,000 | 471,388,000 | 468,556,000 | 475,967,000 |