Call reports 2023
AMALGAMATED BANK — 2023
What AMALGAMATED 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 | 7,852,472,000 | 7,808,078,000 | 7,919,038,000 | 8,006,087,000 |
| Total loans | 4,204,513,000 | 4,254,845,000 | 4,366,934,000 | 4,413,135,000 |
| Allowance for loan losses | 67,323,000 | 67,431,000 | 67,815,000 | 65,691,000 |
| Securities available for sale | 1,639,105,000 | 1,580,248,000 | 1,491,450,000 | 1,483,041,000 |
| Securities held to maturity | 1,619,194,000 | 1,655,238,000 | 1,682,585,000 | 1,697,555,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 7,067,291,000 | 6,913,033,000 | 7,016,164,000 | 7,081,213,000 |
| Interest-bearing deposits | 4,025,802,000 | 3,936,547,000 | 4,182,555,000 | 4,071,589,000 |
| Noninterest-bearing deposits | 3,041,488,000 | 2,976,486,000 | 2,833,609,000 | 3,009,624,000 |
| Equity capital | 581,795,000 | 597,519,000 | 601,300,000 | 620,401,000 |
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 | 84,944,000 | 170,882,000 | 262,119,000 | 358,136,000 |
| Interest expense | 17,013,000 | 39,326,000 | 66,057,000 | 93,995,000 |
| Net interest income | 67,931,000 | 131,556,000 | 196,062,000 | 264,141,000 |
| Noninterest income | 7,495,000 | 15,676,000 | 23,487,000 | 35,202,000 |
| Noninterest expense | 38,220,000 | 75,297,000 | 112,236,000 | 149,579,000 |
| Provision for loan losses | 3,612,000 | 6,728,000 | 10,047,000 | 13,463,000 |
| Pretax income | 29,162,000 | 59,683,000 | 91,347,000 | 127,702,000 |
| Income tax | 7,635,000 | 15,738,000 | 24,727,000 | 37,532,000 |
| Net income | 21,527,000 | 43,945,000 | 66,620,000 | 90,170,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 658,769,000 | 684,298,000 | 688,306,000 | 689,724,000 |
| Total capital | 719,520,000 | 745,908,000 | 751,113,000 | 752,804,000 |
| Risk-weighted assets | 4,848,430,000 | 4,917,108,000 | 5,014,950,000 | 5,038,849,000 |