Call reports 2023
FIRST NATIONAL BANK OF GROTON, THE — 2023
What FIRST NATIONAL BANK OF GROTON, THE 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 | 216,084,000 | 207,922,000 | 207,744,000 | 201,630,000 |
| Total loans | 93,450,000 | 94,181,000 | 95,424,000 | 95,472,000 |
| Allowance for loan losses | 1,573,000 | 1,426,000 | 1,483,000 | 1,468,000 |
| Securities available for sale | 100,004,000 | 94,567,000 | 90,472,000 | 93,176,000 |
| Securities held to maturity | 6,473,000 | 6,374,000 | 6,296,000 | 6,261,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 193,096,000 | 185,165,000 | 186,479,000 | 176,815,000 |
| Interest-bearing deposits | 144,366,000 | 134,968,000 | 137,684,000 | 129,600,000 |
| Noninterest-bearing deposits | 48,730,000 | 50,197,000 | 48,795,000 | 47,215,000 |
| Equity capital | 22,875,000 | 21,990,000 | 20,985,000 | 23,836,000 |
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 | 2,000,000 | 4,015,000 | 6,013,000 | 8,058,000 |
| Interest expense | 130,000 | 293,000 | 483,000 | 733,000 |
| Net interest income | 1,870,000 | 3,722,000 | 5,530,000 | 7,325,000 |
| Noninterest income | 183,000 | 377,000 | 578,000 | 838,000 |
| Noninterest expense | 1,401,000 | 2,842,000 | 4,222,000 | 5,625,000 |
| Provision for loan losses | 167,000 | 109,000 | 233,000 | 194,000 |
| Pretax income | 485,000 | 1,148,000 | 1,653,000 | 2,322,000 |
| Income tax | 44,000 | 131,000 | 181,000 | 276,000 |
| Net income | 441,000 | 1,017,000 | 1,472,000 | 2,046,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,863,000 | 29,893,000 | 30,348,000 | 30,283,000 |