Call reports 2023
TWIN CEDARS BANK — 2023
What TWIN CEDARS 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 | 61,441,000 | 67,348,000 | 75,481,000 | 77,845,000 |
| Total loans | 46,496,000 | 54,753,000 | 61,938,000 | 66,482,000 |
| Allowance for loan losses | 615,000 | 778,000 | 888,000 | 979,000 |
| Securities available for sale | 978,000 | 966,000 | 963,000 | 975,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 53,200,000 | 59,134,000 | 63,455,000 | 66,171,000 |
| Interest-bearing deposits | 40,642,000 | 44,205,000 | 50,516,000 | 52,814,000 |
| Noninterest-bearing deposits | 12,558,000 | 14,929,000 | 12,939,000 | 13,357,000 |
| Equity capital | 8,008,000 | 7,952,000 | 7,971,000 | 8,134,000 |
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 | 797,000 | 1,781,000 | 2,940,000 | 4,264,000 |
| Interest expense | 95,000 | 277,000 | 567,000 | 960,000 |
| Net interest income | 702,000 | 1,504,000 | 2,373,000 | 3,304,000 |
| Noninterest income | 39,000 | 88,000 | 137,000 | 179,000 |
| Noninterest expense | 827,000 | 1,575,000 | 2,352,000 | 3,148,000 |
| Provision for loan losses | 46,000 | 212,000 | 323,000 | 413,000 |
| Pretax income | -132,000 | -195,000 | -165,000 | -78,000 |
| Income tax | -33,000 | -49,000 | -41,000 | -108,000 |
| Net income | -99,000 | -146,000 | -124,000 | 30,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,715,000 | 6,690,000 | 6,759,000 | 6,985,000 |
| Total capital | 7,085,000 | 7,284,000 | 7,463,000 | 7,780,000 |
| Risk-weighted assets | 43,006,000 | 51,338,000 | 61,792,000 | 65,155,000 |