Call reports 2023
FIRST BANK OF UTICA — 2023
What FIRST BANK OF UTICA 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 | 84,669,000 | 78,225,000 | 77,598,000 | 75,303,000 |
| Total loans | 47,470,000 | 50,712,000 | 57,887,000 | 55,978,000 |
| Allowance for loan losses | 1,089,000 | 1,089,000 | 1,089,000 | 1,089,000 |
| Securities available for sale | 3,093,000 | 3,564,000 | 3,562,000 | 2,969,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 70,210,000 | 63,581,000 | 59,444,000 | 57,792,000 |
| Interest-bearing deposits | 51,575,000 | 50,255,000 | 47,582,000 | 45,845,000 |
| Noninterest-bearing deposits | 18,635,000 | 13,326,000 | 11,862,000 | 11,947,000 |
| Equity capital | 9,364,000 | 9,616,000 | 9,896,000 | 10,137,000 |
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 | 989,000 | 2,017,000 | 3,099,000 | 4,162,000 |
| Interest expense | 121,000 | 283,000 | 480,000 | 723,000 |
| Net interest income | 868,000 | 1,734,000 | 2,619,000 | 3,439,000 |
| Noninterest income | 27,000 | 58,000 | 80,000 | 104,000 |
| Noninterest expense | 526,000 | 1,066,000 | 1,608,000 | 2,173,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 369,000 | 726,000 | 1,091,000 | 1,370,000 |
| Income tax | 82,000 | 163,000 | 244,000 | 310,000 |
| Net income | 287,000 | 563,000 | 847,000 | 1,060,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,345,000 | 9,573,000 | 9,849,000 | 10,156,000 |
| Total capital | 9,995,000 | 10,238,000 | 10,596,000 | — |
| Risk-weighted assets | 51,542,000 | 52,783,000 | 59,433,000 | — |