Call reports 2023
LUMBEE GUARANTY BANK — 2023
What LUMBEE GUARANTY 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 | 489,483,000 | 478,302,000 | 497,105,000 | 519,650,000 |
| Total loans | 185,910,000 | 192,838,000 | 192,600,000 | 196,022,000 |
| Allowance for loan losses | 1,712,000 | 1,745,000 | 1,711,000 | 1,725,000 |
| Securities available for sale | 98,551,000 | 101,495,000 | 99,154,000 | 112,297,000 |
| Securities held to maturity | 141,078,000 | 140,643,000 | 139,763,000 | 139,326,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 440,725,000 | 421,582,000 | 447,442,000 | 466,442,000 |
| Interest-bearing deposits | 260,461,000 | 250,057,000 | 290,161,000 | 309,340,000 |
| Noninterest-bearing deposits | 180,264,000 | 171,525,000 | 157,281,000 | 157,102,000 |
| Equity capital | 39,192,000 | 38,329,000 | 37,314,000 | 42,281,000 |
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 | 4,407,000 | 8,878,000 | 13,732,000 | 18,593,000 |
| Interest expense | 320,000 | 909,000 | 1,925,000 | 3,237,000 |
| Net interest income | 4,087,000 | 7,969,000 | 11,807,000 | 15,356,000 |
| Noninterest income | 584,000 | 1,130,000 | 1,817,000 | 4,383,000 |
| Noninterest expense | 2,830,000 | 5,764,000 | 8,636,000 | 13,170,000 |
| Provision for loan losses | 1,000 | 22,000 | -12,000 | 25,000 |
| Pretax income | 1,817,000 | 3,296,000 | 4,994,000 | 6,539,000 |
| Income tax | 262,000 | 447,000 | 678,000 | 582,000 |
| Net income | 1,555,000 | 2,849,000 | 4,316,000 | 5,957,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 51,741,000 | 52,524,000 | 53,992,000 | 55,095,000 |