Call reports 2023
HARFORD BANK — 2023
What HARFORD 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 | 604,569,000 | 626,262,000 | 653,938,000 | 665,617,000 |
| Total loans | 447,578,000 | 472,474,000 | 499,175,000 | 507,960,000 |
| Allowance for loan losses | 5,071,000 | 5,389,000 | 5,571,000 | 5,710,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 117,477,000 | 114,414,000 | 111,235,000 | 106,496,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 537,542,000 | 538,253,000 | 550,564,000 | 554,309,000 |
| Interest-bearing deposits | 383,773,000 | 385,371,000 | 395,122,000 | 408,393,000 |
| Noninterest-bearing deposits | 153,769,000 | 152,882,000 | 155,442,000 | 145,916,000 |
| Equity capital | 54,886,000 | 55,905,000 | 57,140,000 | 58,963,000 |
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 | 5,911,000 | 12,391,000 | 19,532,000 | 27,161,000 |
| Interest expense | 493,000 | 1,488,000 | 3,378,000 | 5,707,000 |
| Net interest income | 5,418,000 | 10,903,000 | 16,154,000 | 21,454,000 |
| Noninterest income | 494,000 | 980,000 | 1,460,000 | 3,121,000 |
| Noninterest expense | 3,658,000 | 7,476,000 | 11,278,000 | 15,091,000 |
| Provision for loan losses | 172,000 | 498,000 | 678,000 | 823,000 |
| Pretax income | 2,113,000 | 3,832,000 | 5,808,000 | 8,645,000 |
| Income tax | 539,000 | 964,000 | 1,465,000 | 2,187,000 |
| Net income | 1,574,000 | 2,868,000 | 4,343,000 | 6,458,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 54,886,000 | 55,905,000 | 57,140,000 | 58,963,000 |
| Total capital | 60,417,000 | 61,767,000 | 63,052,000 | 65,179,000 |
| Risk-weighted assets | 443,574,000 | 468,881,000 | 491,580,000 | 497,357,000 |