Call reports 2023
FIRST STATE BANK OF SHELBY, THE — 2023
What FIRST STATE BANK OF SHELBY, 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 | 167,538,000 | 168,866,000 | 168,069,000 | 164,978,000 |
| Total loans | 18,618,000 | 22,849,000 | 24,871,000 | 23,117,000 |
| Allowance for loan losses | 160,000 | 160,000 | 89,000 | 89,000 |
| Securities available for sale | 83,257,000 | 80,297,000 | 75,764,000 | 77,608,000 |
| Securities held to maturity | 57,842,000 | 57,528,000 | 56,303,000 | 55,575,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 140,440,000 | 125,086,000 | 121,195,000 | 118,954,000 |
| Interest-bearing deposits | 75,864,000 | 70,992,000 | 69,869,000 | 69,885,000 |
| Noninterest-bearing deposits | 64,576,000 | 54,094,000 | 51,326,000 | 49,069,000 |
| Equity capital | 24,815,000 | 24,828,000 | 23,572,000 | 25,195,000 |
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 | 1,257,000 | 2,459,000 | 3,708,000 | 4,984,000 |
| Interest expense | 122,000 | 404,000 | 906,000 | 1,470,000 |
| Net interest income | 1,135,000 | 2,055,000 | 2,802,000 | 3,514,000 |
| Noninterest income | 80,000 | 254,000 | 342,000 | 425,000 |
| Noninterest expense | 530,000 | 1,065,000 | 1,655,000 | 2,426,000 |
| Provision for loan losses | -18,000 | -18,000 | -89,000 | -90,000 |
| Pretax income | 694,000 | 1,258,000 | 1,586,000 | 1,619,000 |
| Income tax | 187,000 | 332,000 | 418,000 | 232,000 |
| Net income | 507,000 | 926,000 | 1,168,000 | 1,387,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,144,000 | 32,564,000 | 32,805,000 | 32,274,000 |