Call reports 2023
FUSION BANK — 2023
What FUSION 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 | 197,526,000 | 202,153,000 | 204,358,000 | 221,819,000 |
| Total loans | 110,557,000 | 102,947,000 | 106,765,000 | 109,075,000 |
| Allowance for loan losses | 1,816,000 | 1,813,000 | 1,813,000 | 1,812,000 |
| Securities available for sale | 63,017,000 | 61,885,000 | 59,938,000 | 61,730,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 154,853,000 | 158,608,000 | 160,396,000 | 179,136,000 |
| Interest-bearing deposits | 110,826,000 | 113,945,000 | 114,832,000 | 136,193,000 |
| Noninterest-bearing deposits | 44,027,000 | 44,663,000 | 45,564,000 | 42,943,000 |
| Equity capital | 20,971,000 | 21,365,000 | 21,543,000 | 23,834,000 |
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 | 1,997,000 | 4,055,000 | 6,688,000 | 9,478,000 |
| Interest expense | 568,000 | 1,222,000 | 2,119,000 | 3,119,000 |
| Net interest income | 1,429,000 | 2,833,000 | 4,569,000 | 6,359,000 |
| Noninterest income | 111,000 | 236,000 | 385,000 | 534,000 |
| Noninterest expense | 967,000 | 1,863,000 | 2,905,000 | 4,013,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 573,000 | 1,206,000 | 2,366,000 | 3,197,000 |
| Income tax | 20,000 | 48,000 | 82,000 | 113,000 |
| Net income | 553,000 | 1,158,000 | 2,284,000 | 3,084,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,375,000 | 26,197,000 | 26,893,000 | 27,495,000 |