Call reports 2023
IOWA STATE BANK — 2023
What IOWA STATE BANK 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 | 976,260,000 | 994,876,000 | 1,021,772,000 | 1,057,287,000 |
| Total loans | 683,372,000 | 703,284,000 | 729,063,000 | 753,168,000 |
| Allowance for loan losses | 7,758,000 | 7,681,000 | 7,728,000 | 8,018,000 |
| Securities available for sale | 224,127,000 | 219,702,000 | 208,372,000 | 215,591,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 778,769,000 | 765,000,000 | 743,755,000 | 810,770,000 |
| Interest-bearing deposits | 639,076,000 | 625,062,000 | 608,770,000 | 669,275,000 |
| Noninterest-bearing deposits | 139,693,000 | 139,938,000 | 134,985,000 | 141,495,000 |
| Equity capital | 89,952,000 | 91,679,000 | 86,832,000 | 99,151,000 |
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 | 11,243,000 | 23,298,000 | 36,285,000 | 49,561,000 |
| Interest expense | 3,113,000 | 7,144,000 | 11,977,000 | 17,194,000 |
| Net interest income | 8,130,000 | 16,154,000 | 24,308,000 | 32,367,000 |
| Noninterest income | 934,000 | 1,981,000 | 2,988,000 | 4,481,000 |
| Noninterest expense | 4,672,000 | 9,349,000 | 14,129,000 | 19,219,000 |
| Provision for loan losses | 0 | 0 | 0 | 300,000 |
| Pretax income | 4,303,000 | 8,697,000 | 13,078,000 | 17,497,000 |
| Income tax | 937,000 | 1,907,000 | 2,879,000 | 3,755,000 |
| Net income | 3,366,000 | 6,790,000 | 10,199,000 | 13,742,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 110,955,000 | 114,276,000 | 115,851,000 | 119,425,000 |