Call reports 2023
SMARTBIZ BANK, N.A. — 2023
What SMARTBIZ BANK, N.A. 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 | 143,328,000 | 145,705,000 | 149,232,000 | 154,977,000 |
| Total loans | 96,401,000 | 102,322,000 | 102,365,000 | 105,855,000 |
| Allowance for loan losses | 1,694,000 | 1,694,000 | 1,590,000 | 1,595,000 |
| Securities available for sale | 24,027,000 | 22,884,000 | 21,765,000 | 21,642,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 119,431,000 | 121,293,000 | 125,779,000 | 127,393,000 |
| Interest-bearing deposits | 81,142,000 | 91,106,000 | 99,251,000 | 101,965,000 |
| Noninterest-bearing deposits | 38,289,000 | 30,186,000 | 26,528,000 | 25,428,000 |
| Equity capital | 20,316,000 | 20,308,000 | 19,326,000 | 20,198,000 |
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 | 2,324,000 | 4,617,000 | 6,982,000 | 9,592,000 |
| Interest expense | 464,000 | 1,139,000 | 2,046,000 | 3,140,000 |
| Net interest income | 1,860,000 | 3,478,000 | 4,936,000 | 6,452,000 |
| Noninterest income | 151,000 | 334,000 | 868,000 | 1,362,000 |
| Noninterest expense | 1,562,000 | 3,095,000 | 5,890,000 | 7,399,000 |
| Provision for loan losses | 23,000 | 23,000 | 348,000 | 408,000 |
| Pretax income | 431,000 | 682,000 | -469,000 | 11,000 |
| Income tax | -180,000 | -109,000 | -437,000 | -300,000 |
| Net income | 611,000 | 791,000 | -32,000 | 311,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,407,000 | 18,616,000 | 17,575,000 | 18,009,000 |
| Total capital | 19,755,000 | 20,029,000 | 18,983,000 | 19,445,000 |
| Risk-weighted assets | 107,457,000 | 112,681,000 | 112,405,000 | 114,688,000 |