Call reports 2023
ARROW BANK NATIONAL ASSOCIATION — 2023
What ARROW 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 | 3,246,398,000 | 3,175,653,000 | 3,300,484,000 | 3,274,507,000 |
| Total loans | 2,305,975,000 | 2,322,865,000 | 2,347,258,000 | 2,369,748,000 |
| Allowance for loan losses | 22,428,000 | 22,472,000 | 22,240,000 | 21,947,000 |
| Securities available for sale | 416,323,000 | 399,429,000 | 380,738,000 | 358,697,000 |
| Securities held to maturity | 146,422,000 | 124,278,000 | 121,855,000 | 113,433,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,848,319,000 | 2,750,204,000 | 2,886,804,000 | 2,935,566,000 |
| Interest-bearing deposits | 2,228,156,000 | 2,155,703,000 | 2,257,673,000 | 2,333,133,000 |
| Noninterest-bearing deposits | 620,163,000 | 594,501,000 | 629,131,000 | 602,433,000 |
| Equity capital | 278,557,000 | 277,628,000 | 273,983,000 | 288,700,000 |
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 | 28,512,000 | 59,709,000 | 91,884,000 | 126,085,000 |
| Interest expense | 6,009,000 | 16,568,000 | 28,701,000 | 42,263,000 |
| Net interest income | 22,503,000 | 43,141,000 | 63,183,000 | 83,822,000 |
| Noninterest income | 6,910,000 | 14,054,000 | 22,105,000 | 29,521,000 |
| Noninterest expense | 18,551,000 | 38,124,000 | 57,810,000 | 77,671,000 |
| Provision for loan losses | 1,122,000 | 1,698,000 | 1,791,000 | 1,869,000 |
| Pretax income | 9,740,000 | 17,373,000 | 25,687,000 | 36,381,000 |
| Income tax | 2,138,000 | 3,789,000 | 5,399,000 | 7,511,000 |
| Net income | 7,602,000 | 13,584,000 | 20,288,000 | 28,870,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 294,847,000 | 296,763,000 | 297,440,000 | 297,667,000 |
| Total capital | 318,409,000 | 320,311,000 | 320,714,000 | 320,449,000 |
| Risk-weighted assets | 2,205,381,000 | 2,196,165,000 | 2,212,772,000 | 2,247,986,000 |