Call reports 2023
SUNDOWN STATE BANK — 2023
What SUNDOWN STATE 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 | 220,772,000 | 258,778,000 | 271,108,000 | 276,463,000 |
| Total loans | 188,673,000 | 208,211,000 | 218,305,000 | 207,619,000 |
| Allowance for loan losses | 1,812,000 | 1,851,000 | 1,850,000 | 1,850,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 18,105,000 | 18,094,000 | 18,084,000 | 18,073,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 188,302,000 | 233,788,000 | 244,701,000 | 250,673,000 |
| Interest-bearing deposits | 107,456,000 | 164,471,000 | 177,307,000 | 170,641,000 |
| Noninterest-bearing deposits | 80,846,000 | 69,317,000 | 67,394,000 | 80,032,000 |
| Equity capital | 23,055,000 | 24,042,000 | 25,157,000 | 25,209,000 |
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 | 2,888,000 | 6,266,000 | 10,329,000 | 14,590,000 |
| Interest expense | 223,000 | 1,105,000 | 2,484,000 | 4,027,000 |
| Net interest income | 2,665,000 | 5,161,000 | 7,845,000 | 10,563,000 |
| Noninterest income | 267,000 | 553,000 | 825,000 | 1,104,000 |
| Noninterest expense | 1,481,000 | 2,966,000 | 4,513,000 | 6,152,000 |
| Provision for loan losses | 115,000 | 154,000 | 154,000 | 154,000 |
| Pretax income | 1,336,000 | 2,594,000 | 4,003,000 | 5,361,000 |
| Income tax | 296,000 | 569,000 | 863,000 | 1,071,000 |
| Net income | 1,040,000 | 2,025,000 | 3,140,000 | 4,290,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,055,000 | 24,042,000 | 25,157,000 | 25,209,000 |
| Total capital | 24,867,000 | 25,893,000 | 27,008,000 | 27,060,000 |
| Risk-weighted assets | 221,679,000 | 239,655,000 | 243,684,000 | 241,667,000 |