Call reports 2023
LUTHER BURBANK SAVINGS — 2023
What LUTHER BURBANK SAVINGS 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 | 8,299,806,000 | 8,357,268,000 | 8,131,112,000 | 8,229,363,000 |
| Total loans | 7,024,190,000 | 6,921,410,000 | 6,827,241,000 | 6,831,810,000 |
| Allowance for loan losses | 35,914,000 | 37,214,000 | 39,885,000 | 43,230,000 |
| Securities available for sale | 593,427,000 | 564,274,000 | 535,924,000 | 529,548,000 |
| Securities held to maturity | 3,080,000 | 3,053,000 | 3,025,000 | 2,853,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 5,681,033,000 | 5,874,258,000 | 5,799,993,000 | 5,868,154,000 |
| Interest-bearing deposits | 5,595,580,000 | 5,790,176,000 | 5,717,892,000 | 5,790,626,000 |
| Noninterest-bearing deposits | 85,453,000 | 84,082,000 | 82,101,000 | 77,528,000 |
| Equity capital | 838,572,000 | 839,866,000 | 834,513,000 | 837,173,000 |
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 | 84,027,000 | 174,927,000 | 264,921,000 | 354,788,000 |
| Interest expense | 46,869,000 | 108,216,000 | 175,038,000 | 246,915,000 |
| Net interest income | 37,158,000 | 66,711,000 | 89,883,000 | 107,873,000 |
| Noninterest income | 495,000 | 954,000 | 1,438,000 | 1,909,000 |
| Noninterest expense | 16,909,000 | 32,996,000 | 47,997,000 | 67,049,000 |
| Provision for loan losses | -679,000 | 621,000 | 3,755,000 | 8,005,000 |
| Pretax income | 21,705,000 | 34,252,000 | 39,584,000 | 35,258,000 |
| Income tax | 6,406,000 | 10,157,000 | 11,613,000 | 11,425,000 |
| Net income | 15,299,000 | 24,095,000 | 27,971,000 | 23,833,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 868,546,000 | 874,042,000 | 875,418,000 | 872,277,000 |
| Total capital | 905,140,000 | 911,848,000 | 915,762,000 | 915,895,000 |
| Risk-weighted assets | 4,224,821,000 | 4,082,454,000 | 4,015,311,000 | 4,066,707,000 |