Call reports 2023
FIRST NATIONAL BANK OF STERLING CITY, THE — 2023
What FIRST NATIONAL BANK OF STERLING CITY, 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 | 250,284,000 | 228,869,000 | 220,562,000 | 235,301,000 |
| Total loans | 29,004,000 | 30,086,000 | 33,027,000 | 34,345,000 |
| Allowance for loan losses | 363,000 | 363,000 | 380,000 | 392,000 |
| Securities available for sale | 188,205,000 | 185,870,000 | 175,350,000 | 176,583,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 245,119,000 | 224,307,000 | 218,198,000 | 226,273,000 |
| Interest-bearing deposits | 138,556,000 | 125,554,000 | 116,813,000 | 119,271,000 |
| Noninterest-bearing deposits | 106,563,000 | 98,753,000 | 101,385,000 | 107,002,000 |
| Equity capital | 5,073,000 | 4,432,000 | 2,200,000 | 8,919,000 |
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 | 1,828,000 | 3,623,000 | 5,329,000 | 7,096,000 |
| Interest expense | 307,000 | 677,000 | 1,026,000 | 1,347,000 |
| Net interest income | 1,521,000 | 2,946,000 | 4,303,000 | 5,749,000 |
| Noninterest income | 101,000 | 249,000 | 356,000 | 472,000 |
| Noninterest expense | 746,000 | 1,503,000 | 2,294,000 | 3,144,000 |
| Provision for loan losses | 0 | 0 | 17,000 | 37,000 |
| Pretax income | 882,000 | 1,698,000 | 2,354,000 | 3,024,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 882,000 | 1,698,000 | 2,354,000 | 3,024,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,604,000 | 22,329,000 | 22,897,000 | 23,477,000 |
| Total capital | 21,967,000 | 22,692,000 | 23,277,000 | 23,869,000 |
| Risk-weighted assets | 60,318,000 | 62,362,000 | 63,396,000 | 66,635,000 |