Call reports 2023
SOUTH OTTUMWA SAVINGS BANK — 2023
What SOUTH OTTUMWA SAVINGS 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 | 551,439,000 | 563,501,000 | 538,101,000 | 547,396,000 |
| Total loans | 292,623,000 | 301,013,000 | 302,689,000 | 309,307,000 |
| Allowance for loan losses | 3,305,000 | 3,341,000 | 3,379,000 | 3,382,000 |
| Securities available for sale | 205,974,000 | 203,405,000 | 183,156,000 | 189,072,000 |
| Securities held to maturity | 1,000,000 | 1,000,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 470,292,000 | 482,714,000 | 453,951,000 | 461,874,000 |
| Interest-bearing deposits | 358,731,000 | 366,515,000 | 348,922,000 | 357,870,000 |
| Noninterest-bearing deposits | 111,561,000 | 116,199,000 | 105,029,000 | 104,004,000 |
| Equity capital | 60,545,000 | 59,614,000 | 58,104,000 | 64,803,000 |
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 | 4,698,000 | 9,686,000 | 14,835,000 | 20,097,000 |
| Interest expense | 900,000 | 2,200,000 | 3,670,000 | 5,436,000 |
| Net interest income | 3,798,000 | 7,486,000 | 11,165,000 | 14,661,000 |
| Noninterest income | 656,000 | 1,364,000 | 2,106,000 | 2,803,000 |
| Noninterest expense | 2,761,000 | 5,484,000 | 8,264,000 | 11,025,000 |
| Provision for loan losses | 39,000 | 121,000 | 161,000 | 201,000 |
| Pretax income | 1,585,000 | 3,179,000 | 4,651,000 | 6,051,000 |
| Income tax | 69,000 | 151,000 | 221,000 | 285,000 |
| Net income | 1,516,000 | 3,028,000 | 4,430,000 | 5,766,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 63,111,000 | 64,089,000 | 64,954,000 | 65,220,000 |
| Total capital | 66,404,000 | 67,418,000 | 68,359,000 | 68,629,000 |
| Risk-weighted assets | 371,897,000 | 378,364,000 | 376,262,000 | 378,874,000 |