Call reports 2023
SPECTRA BANK — 2023
What SPECTRA 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 | 85,699,000 | 85,462,000 | 83,604,000 | 84,128,000 |
| Total loans | 46,471,000 | 50,142,000 | 50,118,000 | 51,020,000 |
| Allowance for loan losses | 769,000 | 782,000 | 782,000 | 782,000 |
| Securities available for sale | 17,834,000 | 17,649,000 | 17,301,000 | 15,875,000 |
| Securities held to maturity | 999,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 76,295,000 | 79,633,000 | 76,463,000 | 80,151,000 |
| Interest-bearing deposits | 43,531,000 | 47,306,000 | 45,728,000 | 47,912,000 |
| Noninterest-bearing deposits | 32,764,000 | 32,327,000 | 30,735,000 | 32,239,000 |
| Equity capital | 4,060,000 | 3,459,000 | 3,065,000 | 3,206,000 |
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 | 878,000 | 1,878,000 | 2,966,000 | 4,038,000 |
| Interest expense | 234,000 | 688,000 | 1,186,000 | 1,701,000 |
| Net interest income | 644,000 | 1,190,000 | 1,780,000 | 2,337,000 |
| Noninterest income | 396,000 | 838,000 | 1,284,000 | 1,706,000 |
| Noninterest expense | 1,173,000 | 2,582,000 | 3,671,000 | 4,883,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -133,000 | -554,000 | -607,000 | -868,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -133,000 | -554,000 | -607,000 | -868,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,596,000 | 5,174,000 | 5,138,000 | 4,709,000 |
| Total capital | 6,281,000 | 5,918,000 | 5,907,000 | 5,409,000 |
| Risk-weighted assets | 54,771,000 | 59,547,000 | 61,536,000 | 55,930,000 |