Call reports 2023
BESSEMER TRUST COMPANY — 2023
What BESSEMER TRUST COMPANY 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 | 692,193,000 | 789,258,000 | 665,862,000 | 582,363,000 |
| Total loans | 321,549,000 | 299,684,000 | 272,907,000 | 276,376,000 |
| Allowance for loan losses | 0 | 0 | 0 | 0 |
| Securities available for sale | 121,402,000 | 184,209,000 | 114,942,000 | 141,800,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 569,126,000 | 659,737,000 | 538,634,000 | 467,155,000 |
| Interest-bearing deposits | 472,203,000 | 567,958,000 | 446,600,000 | 355,575,000 |
| Noninterest-bearing deposits | 96,923,000 | 91,779,000 | 92,034,000 | 111,580,000 |
| Equity capital | 111,240,000 | 114,572,000 | 115,097,000 | 106,275,000 |
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 | 9,095,000 | 19,987,000 | 29,369,000 | 37,938,000 |
| Interest expense | 3,353,000 | 8,846,000 | 13,381,000 | 17,328,000 |
| Net interest income | 5,742,000 | 11,141,000 | 15,988,000 | 20,610,000 |
| Noninterest income | 25,791,000 | 52,588,000 | 80,036,000 | 106,600,000 |
| Noninterest expense | 20,524,000 | 40,638,000 | 62,867,000 | 84,449,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 11,033,000 | 23,136,000 | 33,184,000 | 42,804,000 |
| Income tax | 283,000 | 591,000 | 848,000 | -276,000 |
| Net income | 10,750,000 | 22,545,000 | 32,336,000 | 43,080,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 112,821,000 | 116,716,000 | 118,807,000 | 107,551,000 |
| Total capital | 112,821,000 | 116,716,000 | 118,807,000 | 107,551,000 |
| Risk-weighted assets | 363,053,000 | 318,981,000 | 285,185,000 | 293,111,000 |