Call reports 2023
ASCEND BANK — 2023
What ASCEND 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 | 1,063,276,000 | 1,064,790,000 | 1,082,661,000 | 1,119,445,000 |
| Total loans | 753,480,000 | 759,910,000 | 781,911,000 | 810,891,000 |
| Allowance for loan losses | 4,527,000 | 4,715,000 | 4,919,000 | 4,432,000 |
| Securities available for sale | 195,142,000 | 188,740,000 | 181,800,000 | 183,611,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 906,462,000 | 890,683,000 | 896,118,000 | 940,030,000 |
| Interest-bearing deposits | 796,304,000 | 783,184,000 | 790,415,000 | 838,441,000 |
| Noninterest-bearing deposits | 110,158,000 | 107,499,000 | 105,703,000 | 101,589,000 |
| Equity capital | 111,071,000 | 110,888,000 | 109,092,000 | 114,212,000 |
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 | 9,476,000 | 19,459,000 | 29,729,000 | 40,730,000 |
| Interest expense | 2,142,000 | 5,157,000 | 8,765,000 | 13,336,000 |
| Net interest income | 7,334,000 | 14,302,000 | 20,964,000 | 27,394,000 |
| Noninterest income | 1,408,000 | 3,290,000 | 4,831,000 | 6,347,000 |
| Noninterest expense | 6,919,000 | 14,212,000 | 21,556,000 | 29,142,000 |
| Provision for loan losses | -149,000 | 37,000 | 237,000 | -254,000 |
| Pretax income | 2,147,000 | 3,468,000 | 3,891,000 | 4,926,000 |
| Income tax | 401,000 | 551,000 | 578,000 | 737,000 |
| Net income | 1,746,000 | 2,917,000 | 3,313,000 | 4,189,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 123,378,000 | 124,589,000 | 125,030,000 | 125,952,000 |