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Call reports 2023

STATE BANK OF FAIRMONT — 2023

What STATE BANK OF FAIRMONT reported to the FFIEC in 2023, quarter by quarter.

PERIOD: 2023SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/96185b04-6d36-4c5a-81a8-f0ce00fa41ce/2023

Balance sheet

What the bank holds and owes at quarter end

Measure2023Q12023Q22023Q32023Q4
Total assets136,709,000135,735,000133,469,000138,710,000
Total loans96,851,00097,984,00099,805,000104,953,000
Allowance for loan losses2,076,0002,107,0002,138,0002,032,000
Securities available for sale19,328,00021,061,00018,317,00016,632,000
Securities held to maturity0000
Trading assets0000
Total deposits124,623,000123,615,000121,378,000124,289,000
Interest-bearing deposits102,882,000104,171,000101,920,000102,081,000
Noninterest-bearing deposits21,741,00019,444,00019,458,00022,208,000
Equity capital11,899,00011,893,00011,824,00011,973,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2023Q12023Q22023Q32023Q4
Interest income1,572,0003,255,0005,046,0006,893,000
Interest expense413,000954,0001,601,0002,340,000
Net interest income1,159,0002,301,0003,445,0004,553,000
Noninterest income67,000145,000219,000288,000
Noninterest expense737,0001,467,0002,254,0003,886,000
Provision for loan losses30,00060,00090,000100,000
Pretax income459,000919,0001,320,000855,000
Income tax15,00030,00045,00071,000
Net income444,000889,0001,275,000784,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2023Q12023Q22023Q32023Q4
Tier 1 capital14,285,00014,439,00014,723,00014,232,000
Total capital15,534,00015,689,00015,985,00015,563,000
Risk-weighted assets99,071,00099,150,000100,111,000105,780,000

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