Call reports 2023
BANK OF BOTETOURT — 2023
What BANK OF BOTETOURT 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 | 714,848,000 | 746,836,000 | 741,916,000 | 791,015,000 |
| Total loans | 515,148,000 | 544,565,000 | 568,566,000 | 600,798,000 |
| Allowance for loan losses | 7,234,000 | 7,518,000 | 7,398,000 | 7,542,000 |
| Securities available for sale | 90,228,000 | 89,197,000 | 83,878,000 | 85,663,000 |
| Securities held to maturity | 9,950,000 | 9,950,000 | 9,950,000 | 9,950,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 640,369,000 | 658,362,000 | 651,575,000 | 691,584,000 |
| Interest-bearing deposits | 472,546,000 | 491,981,000 | 487,427,000 | 530,120,000 |
| Noninterest-bearing deposits | 167,823,000 | 166,381,000 | 164,148,000 | 161,464,000 |
| Equity capital | 68,657,000 | 70,163,000 | 71,090,000 | 74,778,000 |
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 | 7,848,000 | 16,059,000 | 24,819,000 | 34,375,000 |
| Interest expense | 1,436,000 | 3,393,000 | 6,080,000 | 9,385,000 |
| Net interest income | 6,412,000 | 12,666,000 | 18,739,000 | 24,990,000 |
| Noninterest income | 1,336,000 | 2,715,000 | 3,927,000 | 5,100,000 |
| Noninterest expense | 4,598,000 | 9,329,000 | 14,064,000 | 18,893,000 |
| Provision for loan losses | 323,000 | 675,000 | 568,000 | 874,000 |
| Pretax income | 2,878,000 | 5,384,000 | 7,951,000 | 10,160,000 |
| Income tax | 584,000 | 1,097,000 | 1,578,000 | 1,987,000 |
| Net income | 2,294,000 | 4,287,000 | 6,373,000 | 8,173,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 76,263,000 | 77,835,000 | 79,494,000 | 80,861,000 |