Call reports 2023
BLACK MOUNTAIN SAVINGS BANK, SSB — 2023
What BLACK MOUNTAIN SAVINGS BANK, SSB 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 | 45,003,000 | 44,698,000 | 44,952,000 | 46,352,000 |
| Total loans | 30,586,000 | 30,116,000 | 30,766,000 | 30,122,000 |
| Allowance for loan losses | 62,000 | 62,000 | 62,000 | 62,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 38,666,000 | 38,342,000 | 39,134,000 | 40,274,000 |
| Interest-bearing deposits | 38,666,000 | 38,342,000 | 39,134,000 | 40,274,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 5,389,000 | 5,399,000 | 5,374,000 | 5,373,000 |
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 | 416,000 | 858,000 | 1,317,000 | 1,831,000 |
| Interest expense | 107,000 | 272,000 | 493,000 | 766,000 |
| Net interest income | 309,000 | 586,000 | 824,000 | 1,065,000 |
| Noninterest income | 7,000 | 12,000 | 17,000 | 28,000 |
| Noninterest expense | 258,000 | 527,000 | 802,000 | 1,100,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 58,000 | 71,000 | 39,000 | -7,000 |
| Income tax | 14,000 | 17,000 | 9,000 | -7,000 |
| Net income | 44,000 | 54,000 | 30,000 | 0 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,389,000 | 5,399,000 | 5,374,000 | 5,373,000 |