Call reports 2023
FRANKLIN STATE BANK — 2023
What FRANKLIN STATE 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 | 41,780,000 | 40,331,000 | 40,395,000 | 40,894,000 |
| Total loans | 23,382,000 | 24,878,000 | 25,695,000 | 25,554,000 |
| Allowance for loan losses | 234,000 | 232,000 | 242,000 | 246,000 |
| Securities available for sale | 9,229,000 | 9,107,000 | 8,667,000 | 8,047,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 36,151,000 | 34,632,000 | 34,484,000 | 35,021,000 |
| Interest-bearing deposits | 26,263,000 | 25,043,000 | 24,599,000 | 24,635,000 |
| Noninterest-bearing deposits | 9,888,000 | 9,589,000 | 9,885,000 | 10,386,000 |
| Equity capital | 5,099,000 | 5,168,000 | 5,184,000 | 5,280,000 |
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 | 372,000 | 758,000 | 1,153,000 | 1,558,000 |
| Interest expense | 89,000 | 193,000 | 317,000 | 457,000 |
| Net interest income | 283,000 | 565,000 | 836,000 | 1,101,000 |
| Noninterest income | 17,000 | 35,000 | 52,000 | 69,000 |
| Noninterest expense | 209,000 | 395,000 | 613,000 | 815,000 |
| Provision for loan losses | 3,000 | 6,000 | 16,000 | 21,000 |
| Pretax income | 90,000 | 202,000 | 263,000 | 339,000 |
| Income tax | 34,000 | 41,000 | 42,000 | 43,000 |
| Net income | 56,000 | 161,000 | 221,000 | 296,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,501,000 | 5,606,000 | 5,667,000 | 5,592,000 |