Call reports 2023
HORATIO STATE BANK — 2023
What HORATIO 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 | 271,406,000 | 279,166,000 | 283,441,000 | 289,783,000 |
| Total loans | 219,552,000 | 229,577,000 | 233,774,000 | 237,196,000 |
| Allowance for loan losses | 3,771,000 | 3,738,000 | 3,765,000 | 3,880,000 |
| Securities available for sale | 19,312,000 | 18,408,000 | 17,637,000 | 18,603,000 |
| Securities held to maturity | 10,489,000 | 10,074,000 | 10,074,000 | 10,074,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 240,561,000 | 247,861,000 | 251,924,000 | 258,515,000 |
| Interest-bearing deposits | 222,734,000 | 228,499,000 | 233,469,000 | 238,465,000 |
| Noninterest-bearing deposits | 17,827,000 | 19,362,000 | 18,455,000 | 20,050,000 |
| Equity capital | 30,318,000 | 30,659,000 | 30,946,000 | 30,719,000 |
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 | 3,813,000 | 7,913,000 | 12,263,000 | 16,730,000 |
| Interest expense | 1,337,000 | 2,990,000 | 4,959,000 | 7,154,000 |
| Net interest income | 2,476,000 | 4,923,000 | 7,304,000 | 9,576,000 |
| Noninterest income | 93,000 | 163,000 | 271,000 | 364,000 |
| Noninterest expense | 1,317,000 | 2,850,000 | 4,217,000 | 5,730,000 |
| Provision for loan losses | 120,000 | 180,000 | 380,000 | 1,558,000 |
| Pretax income | 1,132,000 | 2,056,000 | 2,978,000 | 2,652,000 |
| Income tax | 261,000 | 475,000 | 700,000 | 814,000 |
| Net income | 871,000 | 1,581,000 | 2,278,000 | 1,838,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,362,000 | 33,877,000 | 34,538,000 | 33,707,000 |