Call reports 2023
BUSINESS BANK, THE — 2023
What BUSINESS BANK, THE 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 | 115,337,000 | 125,919,000 | 134,128,000 | 159,178,000 |
| Total loans | 37,121,000 | 45,897,000 | 53,456,000 | 77,426,000 |
| Allowance for loan losses | 371,000 | 353,000 | 422,000 | 612,000 |
| Securities available for sale | 0 | 10,302,000 | 29,102,000 | 43,680,000 |
| Securities held to maturity | 50,442,000 | 51,513,000 | 35,626,000 | 24,405,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 85,635,000 | 96,751,000 | 105,729,000 | 130,214,000 |
| Interest-bearing deposits | 85,370,000 | 96,597,000 | 105,104,000 | 130,005,000 |
| Noninterest-bearing deposits | 265,000 | 154,000 | 625,000 | 209,000 |
| Equity capital | 28,720,000 | 28,131,000 | 27,342,000 | 27,360,000 |
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 | 1,178,000 | 2,709,000 | 4,511,000 | 6,518,000 |
| Interest expense | 577,000 | 1,285,000 | 2,149,000 | 3,120,000 |
| Net interest income | 601,000 | 1,424,000 | 2,362,000 | 3,398,000 |
| Noninterest income | 6,000 | 17,000 | 28,000 | 40,000 |
| Noninterest expense | 1,367,000 | 2,803,000 | 4,217,000 | 5,669,000 |
| Provision for loan losses | 147,000 | 130,000 | 198,000 | 388,000 |
| Pretax income | -907,000 | -1,492,000 | -2,025,000 | -2,619,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -907,000 | -1,492,000 | -2,025,000 | -2,619,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,720,000 | 28,135,000 | 27,603,000 | 27,008,000 |