Call reports 2023
FBT BANK & MORTGAGE — 2023
What FBT BANK & MORTGAGE 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 | 230,265,000 | 235,510,000 | 245,491,000 | 245,662,000 |
| Total loans | 121,611,000 | 127,625,000 | 130,314,000 | 136,183,000 |
| Allowance for loan losses | 1,837,000 | 1,824,000 | 1,794,000 | 2,035,000 |
| Securities available for sale | 28,842,000 | 30,196,000 | 28,073,000 | 23,631,000 |
| Securities held to maturity | 28,271,000 | 28,224,000 | 28,167,000 | 28,150,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 199,873,000 | 204,015,000 | 214,898,000 | 211,598,000 |
| Interest-bearing deposits | 139,390,000 | 142,701,000 | 153,333,000 | 154,054,000 |
| Noninterest-bearing deposits | 60,483,000 | 61,314,000 | 61,565,000 | 57,544,000 |
| Equity capital | 11,263,000 | 12,205,000 | 11,218,000 | 13,366,000 |
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 | 2,563,000 | 5,481,000 | 8,701,000 | 12,150,000 |
| Interest expense | 623,000 | 1,435,000 | 2,437,000 | 3,675,000 |
| Net interest income | 1,940,000 | 4,046,000 | 6,264,000 | 8,475,000 |
| Noninterest income | 423,000 | 1,502,000 | 1,962,000 | 5,093,000 |
| Noninterest expense | 1,646,000 | 3,483,000 | 5,356,000 | 9,104,000 |
| Provision for loan losses | 0 | 0 | 0 | 500,000 |
| Pretax income | 695,000 | 2,043,000 | 2,848,000 | 2,995,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 695,000 | 2,043,000 | 2,848,000 | 2,995,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,161,000 | 24,509,000 | 25,315,000 | 24,622,000 |