Call reports 2023
FAIRFIELD COUNTY BANK — 2023
What FAIRFIELD COUNTY 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 | 1,931,986,000 | 2,025,815,000 | 1,918,214,000 | 1,927,648,000 |
| Total loans | 1,391,098,000 | 1,395,453,000 | 1,421,809,000 | 1,423,439,000 |
| Allowance for loan losses | 17,708,000 | 17,825,000 | 18,325,000 | 18,326,000 |
| Securities available for sale | 384,968,000 | 372,604,000 | 352,653,000 | 371,200,000 |
| Securities held to maturity | 756,000 | 739,000 | 726,000 | 715,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,613,172,000 | 1,666,047,000 | 1,559,510,000 | 1,484,156,000 |
| Interest-bearing deposits | 1,235,375,000 | 1,272,547,000 | 1,192,769,000 | 1,152,205,000 |
| Noninterest-bearing deposits | 377,797,000 | 393,500,000 | 366,741,000 | 331,951,000 |
| Equity capital | 199,268,000 | 197,095,000 | 181,118,000 | 201,148,000 |
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 | 17,357,000 | 35,518,000 | 54,201,000 | 73,189,000 |
| Interest expense | 3,873,000 | 8,788,000 | 14,463,000 | 21,146,000 |
| Net interest income | 13,484,000 | 26,730,000 | 39,738,000 | 52,043,000 |
| Noninterest income | 3,818,000 | 7,940,000 | 12,368,000 | 16,295,000 |
| Noninterest expense | 14,497,000 | 29,518,000 | 44,528,000 | 59,933,000 |
| Provision for loan losses | -309,000 | -369,000 | 112,000 | 98,000 |
| Pretax income | 2,332,000 | 4,687,000 | 7,045,000 | 7,802,000 |
| Income tax | 509,000 | 1,016,000 | 1,527,000 | 1,668,000 |
| Net income | 1,823,000 | 3,671,000 | 5,518,000 | 6,134,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 250,038,000 | 249,233,000 | 251,045,000 | 242,764,000 |