Call reports 2023
NEW CENTURY BANK — 2023
What NEW CENTURY 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 | 57,282,000 | 52,390,000 | 51,474,000 | 52,536,000 |
| Total loans | 44,745,000 | 42,078,000 | 44,377,000 | 44,458,000 |
| Allowance for loan losses | 784,000 | 782,000 | 782,000 | 781,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,816,000 | 42,127,000 | 40,763,000 | 41,965,000 |
| Interest-bearing deposits | 37,597,000 | 34,394,000 | 33,766,000 | 35,213,000 |
| Noninterest-bearing deposits | 9,219,000 | 7,733,000 | 6,997,000 | 6,752,000 |
| Equity capital | 8,610,000 | 8,393,000 | 8,813,000 | 8,790,000 |
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 | 1,149,000 | 2,310,000 | 3,521,000 | 4,753,000 |
| Interest expense | 164,000 | 363,000 | 579,000 | 835,000 |
| Net interest income | 985,000 | 1,947,000 | 2,942,000 | 3,918,000 |
| Noninterest income | 96,000 | 176,000 | 299,000 | 420,000 |
| Noninterest expense | 647,000 | 1,284,000 | 1,963,000 | 2,665,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 435,000 | 841,000 | 1,280,000 | 1,676,000 |
| Income tax | 13,000 | 31,000 | 50,000 | 68,000 |
| Net income | 422,000 | 810,000 | 1,230,000 | 1,608,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,610,000 | 8,393,000 | 8,813,000 | 8,790,000 |
| Total capital | 9,101,000 | 8,861,000 | 9,289,000 | 9,276,000 |
| Risk-weighted assets | 39,063,000 | 37,089,000 | 37,729,000 | 38,532,000 |