Call reports 2023
HAPPEN BANK, NATIONAL ASSOCIATION — 2023
What HAPPEN BANK, NATIONAL ASSOCIATION 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 | 8,394,906,000 | 8,049,503,000 | 8,207,342,000 | 8,610,839,000 |
| Total loans | 6,266,539,000 | 6,174,364,000 | 5,916,688,000 | 5,511,875,000 |
| Allowance for loan losses | 348,857,000 | 355,163,000 | 350,495,000 | 310,387,000 |
| Securities available for sale | 368,365,000 | 515,466,000 | 790,542,000 | 1,617,309,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 7,241,463,000 | 6,897,220,000 | 7,074,717,000 | 7,426,445,000 |
| Interest-bearing deposits | 7,018,014,000 | 6,653,749,000 | 6,687,069,000 | 7,001,680,000 |
| Noninterest-bearing deposits | 223,449,000 | 243,471,000 | 387,648,000 | 424,765,000 |
| Equity capital | 954,383,000 | 985,066,000 | 988,721,000 | 1,023,919,000 |
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 | 198,337,000 | 408,852,000 | 612,814,000 | 818,215,000 |
| Interest expense | 53,896,000 | 120,442,000 | 189,959,000 | 266,218,000 |
| Net interest income | 144,441,000 | 288,410,000 | 422,855,000 | 551,997,000 |
| Noninterest income | 91,842,000 | 175,590,000 | 231,811,000 | 281,056,000 |
| Noninterest expense | 148,383,000 | 290,946,000 | 413,088,000 | 537,026,000 |
| Provision for loan losses | 70,850,000 | 137,040,000 | 201,167,000 | 243,570,000 |
| Pretax income | 17,316,000 | 35,859,000 | 39,920,000 | 52,462,000 |
| Income tax | 4,256,000 | 9,685,000 | 12,065,000 | 17,881,000 |
| Net income | 13,060,000 | 26,174,000 | 27,855,000 | 34,581,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 914,631,000 | 939,308,000 | 949,682,000 | 949,406,000 |
| Total capital | 997,743,000 | 1,022,594,000 | 1,031,212,000 | 1,027,393,000 |
| Risk-weighted assets | 6,399,160,000 | 6,406,500,000 | 6,268,578,000 | 6,022,195,000 |