Call reports 2023
STATE BANK OF CANTON — 2023
What STATE BANK OF CANTON 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 | 34,847,000 | 34,670,000 | 37,274,000 | 33,415,000 |
| Total loans | 10,929,000 | 12,364,000 | 11,711,000 | 12,434,000 |
| Allowance for loan losses | 116,000 | 116,000 | 116,000 | 116,000 |
| Securities available for sale | 13,992,000 | 13,908,000 | 10,959,000 | 10,155,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 28,185,000 | 27,952,000 | 30,435,000 | 26,256,000 |
| Interest-bearing deposits | 17,653,000 | 18,295,000 | 20,718,000 | 17,211,000 |
| Noninterest-bearing deposits | 10,532,000 | 9,657,000 | 9,717,000 | 9,045,000 |
| Equity capital | 6,639,000 | 6,674,000 | 6,756,000 | 7,017,000 |
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 | 306,000 | 616,000 | 973,000 | 1,333,000 |
| Interest expense | 13,000 | 56,000 | 106,000 | 158,000 |
| Net interest income | 293,000 | 560,000 | 867,000 | 1,175,000 |
| Noninterest income | 25,000 | 44,000 | 72,000 | 101,000 |
| Noninterest expense | 161,000 | 347,000 | 550,000 | 738,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 157,000 | 257,000 | 423,000 | 572,000 |
| Income tax | 36,000 | 43,000 | 94,000 | 129,000 |
| Net income | 121,000 | 214,000 | 329,000 | 443,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,891,000 | 6,982,000 | 7,095,000 | 7,208,000 |
| Total capital | 7,007,000 | 7,098,000 | 7,211,000 | 7,324,000 |
| Risk-weighted assets | 14,117,000 | 15,434,000 | 15,722,000 | 15,767,000 |