Call reports 2023
NEW FRONTIER BANK — 2023
What NEW FRONTIER 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 | 144,550,000 | 142,382,000 | 145,004,000 | 146,821,000 |
| Total loans | 103,931,000 | 103,721,000 | 104,457,000 | 103,566,000 |
| Allowance for loan losses | 1,175,000 | 1,193,000 | 1,163,000 | 1,159,000 |
| Securities available for sale | 24,115,000 | 23,616,000 | 22,474,000 | 22,728,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 131,613,000 | 129,160,000 | 131,652,000 | 132,946,000 |
| Interest-bearing deposits | 97,881,000 | 98,476,000 | 98,538,000 | 102,781,000 |
| Noninterest-bearing deposits | 33,732,000 | 30,684,000 | 33,114,000 | 30,165,000 |
| Equity capital | 12,577,000 | 12,699,000 | 12,707,000 | 13,514,000 |
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 | 1,518,000 | 3,199,000 | 4,998,000 | 6,817,000 |
| Interest expense | 353,000 | 855,000 | 1,410,000 | 2,025,000 |
| Net interest income | 1,165,000 | 2,344,000 | 3,588,000 | 4,792,000 |
| Noninterest income | 75,000 | 145,000 | 216,000 | 267,000 |
| Noninterest expense | 841,000 | 1,732,000 | 2,624,000 | 3,555,000 |
| Provision for loan losses | 9,000 | 27,000 | 19,000 | 15,000 |
| Pretax income | 390,000 | 730,000 | 1,143,000 | 1,467,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 390,000 | 730,000 | 1,143,000 | 1,467,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,794,000 | 14,053,000 | 14,387,000 | 14,630,000 |
| Total capital | 14,969,000 | 15,246,000 | 15,568,000 | 15,811,000 |
| Risk-weighted assets | 130,097,000 | 126,947,000 | 125,655,000 | 124,123,000 |