Call reports 2023
BANK IRVINE — 2023
What BANK IRVINE 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 | 51,880,000 | 128,376,000 | 166,818,000 | 199,420,000 |
| Total loans | 32,128,000 | 67,402,000 | 87,725,000 | 129,674,000 |
| Allowance for loan losses | 309,000 | 681,000 | 867,000 | 1,473,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 23,007,000 | 99,474,000 | 136,679,000 | 169,024,000 |
| Interest-bearing deposits | 20,100,000 | 40,295,000 | 66,068,000 | 102,332,000 |
| Noninterest-bearing deposits | 2,907,000 | 59,179,000 | 70,611,000 | 66,692,000 |
| Equity capital | 27,452,000 | 27,588,000 | 28,542,000 | 28,675,000 |
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 | 567,000 | 2,273,000 | 5,266,000 | 8,250,000 |
| Interest expense | 124,000 | 408,000 | 976,000 | 1,889,000 |
| Net interest income | 443,000 | 1,865,000 | 4,290,000 | 6,361,000 |
| Noninterest income | 1,000 | 2,000 | 3,000 | 8,000 |
| Noninterest expense | 1,029,000 | 1,943,000 | 3,132,000 | 4,453,000 |
| Provision for loan losses | 212,000 | 584,000 | 770,000 | 1,377,000 |
| Pretax income | -797,000 | -660,000 | 391,000 | 444,000 |
| Income tax | 0 | 1,000 | 239,000 | 200,000 |
| Net income | -797,000 | -661,000 | 152,000 | 244,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,452,000 | 27,588,000 | 28,542,000 | 28,675,000 |