Call reports 2023
PALO SAVINGS BANK — 2023
What PALO SAVINGS 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 | 44,271,000 | 44,707,000 | 43,143,000 | 44,663,000 |
| Total loans | 21,261,000 | 21,191,000 | 21,629,000 | 22,432,000 |
| Allowance for loan losses | 229,000 | 229,000 | 229,000 | 229,000 |
| Securities available for sale | 17,150,000 | 17,004,000 | 15,951,000 | 16,537,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 42,138,000 | 42,332,000 | 41,519,000 | 42,167,000 |
| Interest-bearing deposits | 33,500,000 | 33,994,000 | 33,242,000 | 33,389,000 |
| Noninterest-bearing deposits | 8,638,000 | 8,338,000 | 8,277,000 | 8,778,000 |
| Equity capital | 2,018,000 | 2,247,000 | 1,501,000 | 2,351,000 |
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 | 411,000 | 852,000 | 1,295,000 | 1,752,000 |
| Interest expense | 76,000 | 183,000 | 305,000 | 457,000 |
| Net interest income | 335,000 | 669,000 | 990,000 | 1,295,000 |
| Noninterest income | 25,000 | 47,000 | 67,000 | 94,000 |
| Noninterest expense | 243,000 | 479,000 | 721,000 | 972,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 117,000 | 237,000 | 336,000 | 417,000 |
| Income tax | 6,000 | 12,000 | 17,000 | 19,000 |
| Net income | 111,000 | 225,000 | 319,000 | 398,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,484,000 | 5,516,000 | 5,576,000 | 5,522,000 |