Call reports 2023
BLUEHARBOR BANK — 2023
What BLUEHARBOR 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 | 415,594,000 | 422,820,000 | 428,921,000 | 430,129,000 |
| Total loans | 339,969,000 | 341,580,000 | 345,591,000 | 356,797,000 |
| Allowance for loan losses | 3,229,000 | 3,237,000 | 3,309,000 | 3,422,000 |
| Securities available for sale | 41,507,000 | 40,199,000 | 38,871,000 | 36,613,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 365,112,000 | 371,365,000 | 376,569,000 | 374,830,000 |
| Interest-bearing deposits | 237,680,000 | 248,066,000 | 251,730,000 | 260,524,000 |
| Noninterest-bearing deposits | 127,432,000 | 123,299,000 | 124,839,000 | 114,306,000 |
| Equity capital | 45,256,000 | 46,694,000 | 46,998,000 | 49,402,000 |
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 | 4,597,000 | 9,514,000 | 14,695,000 | 20,038,000 |
| Interest expense | 509,000 | 1,565,000 | 2,977,000 | 4,642,000 |
| Net interest income | 4,088,000 | 7,949,000 | 11,718,000 | 15,396,000 |
| Noninterest income | 546,000 | 1,082,000 | 1,596,000 | 2,114,000 |
| Noninterest expense | 1,904,000 | 3,866,000 | 5,838,000 | 7,942,000 |
| Provision for loan losses | 41,000 | 49,000 | 120,000 | 234,000 |
| Pretax income | 2,694,000 | 5,124,000 | 7,266,000 | 9,206,000 |
| Income tax | 602,000 | 1,142,000 | 1,617,000 | 2,046,000 |
| Net income | 2,092,000 | 3,982,000 | 5,649,000 | 7,160,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 48,706,000 | 50,668,000 | 51,564,000 | 53,182,000 |
| Total capital | 52,211,000 | 54,177,000 | 55,242,000 | 57,012,000 |
| Risk-weighted assets | 353,355,000 | 357,295,000 | 361,441,000 | 372,801,000 |