Call reports 2023
ASPIRE BANK — 2023
What ASPIRE 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 | 56,015,000 | 61,606,000 | 62,567,000 | 62,054,000 |
| Total loans | 53,349,000 | 53,283,000 | 51,720,000 | 51,961,000 |
| Allowance for loan losses | 528,000 | 530,000 | 550,000 | 551,000 |
| Securities available for sale | 30,000 | 27,000 | 24,000 | 23,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 49,994,000 | 55,401,000 | 56,238,000 | 55,740,000 |
| Interest-bearing deposits | 38,242,000 | 42,617,000 | 45,380,000 | 40,223,000 |
| Noninterest-bearing deposits | 11,752,000 | 12,784,000 | 10,858,000 | 15,517,000 |
| Equity capital | 5,871,000 | 5,974,000 | 6,040,000 | 6,126,000 |
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 | 666,000 | 1,475,000 | 2,355,000 | 3,251,000 |
| Interest expense | 163,000 | 422,000 | 747,000 | 1,144,000 |
| Net interest income | 503,000 | 1,053,000 | 1,608,000 | 2,107,000 |
| Noninterest income | 23,000 | 53,000 | 44,000 | 12,000 |
| Noninterest expense | 391,000 | 845,000 | 1,240,000 | 1,591,000 |
| Provision for loan losses | 42,000 | 42,000 | 42,000 | 42,000 |
| Pretax income | 93,000 | 219,000 | 370,000 | 486,000 |
| Income tax | 29,000 | 51,000 | 86,000 | 117,000 |
| Net income | 64,000 | 168,000 | 284,000 | 369,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,275,000 | 5,380,000 | 5,447,000 | 5,531,000 |
| Total capital | 5,803,000 | — | — | — |
| Risk-weighted assets | 49,385,000 | — | — | — |