Call reports 2023
BEDFORD LOAN & DEPOSIT BANK — 2023
What BEDFORD LOAN & DEPOSIT 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 | 116,011,000 | 114,417,000 | 115,004,000 | 113,425,000 |
| Total loans | 73,362,000 | 74,831,000 | 77,200,000 | 75,288,000 |
| Allowance for loan losses | 1,056,000 | 1,158,000 | 1,174,000 | 1,150,000 |
| Securities available for sale | 32,441,000 | 31,788,000 | 30,112,000 | 31,436,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 101,764,000 | 97,735,000 | 95,998,000 | 94,546,000 |
| Interest-bearing deposits | 69,771,000 | 66,813,000 | 65,244,000 | 65,547,000 |
| Noninterest-bearing deposits | 31,993,000 | 30,922,000 | 30,754,000 | 28,999,000 |
| Equity capital | 13,155,000 | 13,158,000 | 12,441,000 | 13,789,000 |
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 | 1,152,000 | 2,411,000 | 3,672,000 | 4,941,000 |
| Interest expense | 104,000 | 251,000 | 496,000 | 806,000 |
| Net interest income | 1,048,000 | 2,160,000 | 3,176,000 | 4,135,000 |
| Noninterest income | 179,000 | 350,000 | 520,000 | 687,000 |
| Noninterest expense | 783,000 | 1,610,000 | 2,413,000 | 3,270,000 |
| Provision for loan losses | 32,000 | 63,000 | 95,000 | 122,000 |
| Pretax income | 410,000 | 835,000 | 1,186,000 | 1,428,000 |
| Income tax | 86,000 | 176,000 | 247,000 | 292,000 |
| Net income | 324,000 | 659,000 | 939,000 | 1,136,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,916,000 | 16,171,000 | 16,451,000 | 16,590,000 |
| Total capital | 16,782,000 | 17,036,000 | 17,345,000 | 17,452,000 |
| Risk-weighted assets | 69,137,000 | 68,936,000 | 71,290,000 | 68,672,000 |