Call reports 2023
CARTER BANK & TRUST — 2023
What CARTER BANK & TRUST 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 | 4,360,564,000 | 4,378,811,000 | 4,446,729,000 | 4,509,201,000 |
| Total loans | 3,249,262,000 | 3,330,615,000 | 3,410,940,000 | 3,505,910,000 |
| Allowance for loan losses | 94,694,000 | 94,144,000 | 94,474,000 | 97,052,000 |
| Securities available for sale | 862,856,000 | 821,370,000 | 793,389,000 | 779,003,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 18,746,000 | 21,101,000 | 25,291,000 | 17,437,000 |
| Total deposits | 3,533,580,000 | 3,577,534,000 | 3,556,247,000 | 3,722,544,000 |
| Interest-bearing deposits | 3,463,758,000 | 3,501,743,000 | 3,472,126,000 | 3,625,092,000 |
| Noninterest-bearing deposits | 69,822,000 | 75,791,000 | 84,121,000 | 97,452,000 |
| Equity capital | 349,722,000 | 338,949,000 | 325,275,000 | 347,429,000 |
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 | 51,955,000 | 95,671,000 | 144,557,000 | 196,420,000 |
| Interest expense | 11,170,000 | 28,175,000 | 49,667,000 | 74,110,000 |
| Net interest income | 40,785,000 | 67,496,000 | 94,890,000 | 122,310,000 |
| Noninterest income | 4,958,000 | 10,209,000 | 14,847,000 | 19,629,000 |
| Noninterest expense | 23,811,000 | 48,276,000 | 74,241,000 | 102,703,000 |
| Provision for loan losses | 1,415,000 | 1,500,000 | 2,605,000 | 5,500,000 |
| Pretax income | 20,421,000 | 27,476,000 | 32,567,000 | 31,314,000 |
| Income tax | 4,016,000 | 4,723,000 | 5,757,000 | 5,871,000 |
| Net income | 16,405,000 | 22,753,000 | 26,810,000 | 25,443,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 435,767,000 | 433,615,000 | 431,516,000 | 431,550,000 |
| Total capital | 481,025,000 | 481,832,000 | 480,617,000 | 481,070,000 |
| Risk-weighted assets | 3,585,046,000 | 3,824,843,000 | 3,896,240,000 | 3,927,019,000 |