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Call reports 2023

OLD FORT BANKING COMPANY, THE — 2023

What OLD FORT BANKING COMPANY, THE reported to the FFIEC in 2023, quarter by quarter.

PERIOD: 2023SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/859f3fda-3816-459a-87d9-9e46295e5d85/2023

Balance sheet

What the bank holds and owes at quarter end

Measure2023Q12023Q22023Q32023Q4
Total assets813,622,000806,105,000847,242,000817,704,000
Total loans411,751,000416,946,000427,485,000439,702,000
Allowance for loan losses4,881,0004,877,0004,869,0004,860,000
Securities available for sale302,481,000287,117,000263,849,000274,250,000
Securities held to maturity14,824,00014,815,00014,807,00014,798,000
Trading assets0000
Total deposits771,458,000768,567,000815,760,000773,491,000
Interest-bearing deposits584,348,000583,578,000635,214,000599,088,000
Noninterest-bearing deposits187,110,000184,989,000180,546,000174,403,000
Equity capital38,187,00033,416,00027,036,00040,136,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2023Q12023Q22023Q32023Q4
Interest income6,776,00013,880,00021,616,00029,786,000
Interest expense1,989,0004,710,0007,990,00011,697,000
Net interest income4,787,0009,170,00013,626,00018,089,000
Noninterest income935,0001,910,0002,895,0003,921,000
Noninterest expense3,808,0007,592,00011,409,00015,356,000
Provision for loan losses0000
Pretax income1,914,0003,488,0004,986,0006,528,000
Income tax0000
Net income1,914,0003,488,0004,986,0006,528,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2023Q12023Q22023Q32023Q4
Tier 1 capital68,530,00068,704,00069,077,00070,620,000
Total capital73,411,00073,581,00073,946,00075,480,000
Risk-weighted assets460,774,000464,817,000465,984,000477,997,000

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