Call reports 2023
STATE EXCHANGE BANK, THE — 2023
What STATE EXCHANGE BANK, THE 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 | 109,163,000 | 115,909,000 | 121,475,000 | 125,240,000 |
| Total loans | 93,957,000 | 96,962,000 | 99,525,000 | 101,090,000 |
| Allowance for loan losses | 1,675,000 | 1,770,000 | 2,039,000 | 2,081,000 |
| Securities available for sale | 3,761,000 | 3,920,000 | 4,031,000 | 4,332,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 90,199,000 | 96,271,000 | 101,856,000 | 105,443,000 |
| Interest-bearing deposits | 74,530,000 | 82,284,000 | 85,599,000 | 88,862,000 |
| Noninterest-bearing deposits | 15,669,000 | 13,987,000 | 16,257,000 | 16,581,000 |
| Equity capital | 10,311,000 | 10,892,000 | 10,772,000 | 11,557,000 |
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 | 1,536,000 | 3,339,000 | 5,302,000 | 7,391,000 |
| Interest expense | 553,000 | 1,269,000 | 2,120,000 | 3,062,000 |
| Net interest income | 983,000 | 2,070,000 | 3,182,000 | 4,329,000 |
| Noninterest income | 68,000 | 204,000 | 252,000 | 292,000 |
| Noninterest expense | 616,000 | 1,144,000 | 1,733,000 | 2,243,000 |
| Provision for loan losses | 60,000 | 150,000 | 203,000 | 203,000 |
| Pretax income | 371,000 | 976,000 | 1,487,000 | 2,164,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 371,000 | 976,000 | 1,487,000 | 2,164,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,658,000 | 11,263,000 | 11,175,000 | 11,851,000 |