Call reports 2023
LOGAN BANK & TRUST COMPANY — 2023
What LOGAN BANK & TRUST COMPANY 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 | 335,048,000 | 333,246,000 | 334,329,000 | 336,819,000 |
| Total loans | 152,728,000 | 158,076,000 | 157,218,000 | 156,257,000 |
| Allowance for loan losses | 1,170,000 | 1,183,000 | 1,201,000 | 1,254,000 |
| Securities available for sale | 147,738,000 | 144,045,000 | 142,164,000 | 140,627,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 317,419,000 | 316,249,000 | 319,389,000 | 316,187,000 |
| Interest-bearing deposits | 217,951,000 | 215,632,000 | 222,170,000 | 218,582,000 |
| Noninterest-bearing deposits | 99,468,000 | 100,617,000 | 97,219,000 | 97,605,000 |
| Equity capital | 16,910,000 | 16,552,000 | 14,580,000 | 19,944,000 |
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 | 2,912,000 | 5,979,000 | 9,248,000 | 12,535,000 |
| Interest expense | 316,000 | 860,000 | 1,521,000 | 2,260,000 |
| Net interest income | 2,596,000 | 5,119,000 | 7,727,000 | 10,275,000 |
| Noninterest income | 518,000 | 1,068,000 | 1,637,000 | 2,179,000 |
| Noninterest expense | 1,664,000 | 3,361,000 | 5,105,000 | 6,893,000 |
| Provision for loan losses | 5,000 | 23,000 | 41,000 | 109,000 |
| Pretax income | 1,445,000 | 2,801,000 | 4,216,000 | 5,155,000 |
| Income tax | 277,000 | 539,000 | 817,000 | 844,000 |
| Net income | 1,168,000 | 2,262,000 | 3,399,000 | 4,311,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,554,000 | 32,264,000 | 33,015,000 | 33,438,000 |