Call reports 2023
ARMED FORCES BANK, NATIONAL ASSOCIATION — 2023
What ARMED FORCES 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 | 1,293,852,000 | 1,263,981,000 | 1,271,202,000 | 1,322,011,000 |
| Total loans | 778,754,000 | 792,136,000 | 793,399,000 | 801,657,000 |
| Allowance for loan losses | 11,995,000 | 11,827,000 | 11,743,000 | 11,287,000 |
| Securities available for sale | 339,484,000 | 332,337,000 | 308,754,000 | 314,991,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,123,284,000 | 1,094,472,000 | 1,109,937,000 | 1,136,623,000 |
| Interest-bearing deposits | 774,535,000 | 497,688,000 | 774,920,000 | 804,893,000 |
| Noninterest-bearing deposits | 348,749,000 | 596,784,000 | 335,017,000 | 331,730,000 |
| Equity capital | 157,120,000 | 156,204,000 | 148,119,000 | 161,145,000 |
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 | 12,890,000 | 26,411,000 | 40,388,000 | 54,806,000 |
| Interest expense | 1,481,000 | 3,946,000 | 6,842,000 | 10,164,000 |
| Net interest income | 11,409,000 | 22,465,000 | 33,546,000 | 44,642,000 |
| Noninterest income | 10,035,000 | 20,817,000 | 30,586,000 | 39,401,000 |
| Noninterest expense | 14,946,000 | 29,934,000 | 45,087,000 | 60,797,000 |
| Provision for loan losses | 1,300,000 | 2,050,000 | 2,750,000 | 3,150,000 |
| Pretax income | 5,260,000 | 11,282,000 | 16,227,000 | 20,290,000 |
| Income tax | 1,287,000 | 2,767,000 | 3,988,000 | 4,959,000 |
| Net income | 3,973,000 | 8,515,000 | 12,239,000 | 15,331,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 181,391,000 | 181,096,000 | 182,465,000 | 183,241,000 |
| Total capital | 191,954,000 | 191,615,000 | 192,830,000 | 193,915,000 |
| Risk-weighted assets | 843,307,000 | 839,863,000 | 827,625,000 | 853,142,000 |