Call reports 2023
BURLING BANK — 2023
What BURLING 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 | 210,367,000 | 210,132,000 | 207,872,000 | 216,164,000 |
| Total loans | 160,194,000 | 165,732,000 | 166,024,000 | 173,585,000 |
| Allowance for loan losses | 2,338,000 | 2,338,000 | 2,318,000 | 2,318,000 |
| Securities available for sale | 35,415,000 | 34,041,000 | 32,025,000 | 32,096,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 140,752,000 | 148,060,000 | 166,287,000 | 150,979,000 |
| Interest-bearing deposits | 57,643,000 | 71,467,000 | 90,843,000 | 83,835,000 |
| Noninterest-bearing deposits | 83,109,000 | 76,594,000 | 75,444,000 | 67,143,000 |
| Equity capital | 20,679,000 | 20,537,000 | 20,865,000 | 23,039,000 |
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 | 2,738,000 | 5,813,000 | 9,032,000 | 12,295,000 |
| Interest expense | 549,000 | 1,436,000 | 2,470,000 | 3,520,000 |
| Net interest income | 2,189,000 | 4,377,000 | 6,562,000 | 8,775,000 |
| Noninterest income | 187,000 | 396,000 | 613,000 | 849,000 |
| Noninterest expense | 1,273,000 | 2,570,000 | 3,838,000 | 5,182,000 |
| Provision for loan losses | 0 | 0 | -20,000 | -20,000 |
| Pretax income | 1,107,000 | 2,207,000 | 3,361,000 | 4,456,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,107,000 | 2,207,000 | 3,361,000 | 4,456,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,762,000 | 22,844,000 | 23,585,000 | 24,675,000 |