Call reports 2023
SAVERS CO-OPERATIVE BANK — 2023
What SAVERS CO-OPERATIVE 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 | 710,562,000 | 721,539,000 | 720,315,000 | 718,151,000 |
| Total loans | 518,821,000 | 524,341,000 | 537,372,000 | 537,749,000 |
| Allowance for loan losses | 5,350,000 | 5,219,000 | 5,215,000 | 5,017,000 |
| Securities available for sale | 135,360,000 | 128,873,000 | 125,487,000 | 129,619,000 |
| Securities held to maturity | 584,000 | 547,000 | 533,000 | 513,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 556,075,000 | 552,475,000 | 554,774,000 | 528,681,000 |
| Interest-bearing deposits | 467,582,000 | 460,960,000 | 462,573,000 | 446,030,000 |
| Noninterest-bearing deposits | 88,493,000 | 91,515,000 | 92,201,000 | 82,651,000 |
| Equity capital | 70,639,000 | 69,986,000 | 67,426,000 | 72,832,000 |
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 | 6,697,000 | 13,816,000 | 21,405,000 | 29,458,000 |
| Interest expense | 1,869,000 | 4,433,000 | 7,434,000 | 10,878,000 |
| Net interest income | 4,828,000 | 9,383,000 | 13,971,000 | 18,580,000 |
| Noninterest income | 903,000 | 2,112,000 | 2,752,000 | 3,680,000 |
| Noninterest expense | 4,079,000 | 8,120,000 | 12,237,000 | 16,366,000 |
| Provision for loan losses | 182,000 | 57,000 | 64,000 | -112,000 |
| Pretax income | 1,515,000 | 3,264,000 | 4,442,000 | 6,030,000 |
| Income tax | 377,000 | 749,000 | 1,084,000 | 1,442,000 |
| Net income | 1,138,000 | 2,515,000 | 3,358,000 | 4,588,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 79,929,000 | 81,306,000 | 82,150,000 | 83,380,000 |