Call reports 2023
IVES BANK — 2023
What IVES 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 | 1,375,784,000 | 1,428,207,000 | 1,495,602,000 | 1,562,846,000 |
| Total loans | 1,146,045,000 | 1,201,279,000 | 1,264,212,000 | 1,313,442,000 |
| Allowance for loan losses | 16,126,000 | 16,756,000 | 17,742,000 | 19,350,000 |
| Securities available for sale | 114,064,000 | 111,713,000 | 108,005,000 | 112,683,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,110,502,000 | 1,095,788,000 | 1,114,096,000 | 1,156,451,000 |
| Interest-bearing deposits | 988,172,000 | 759,560,000 | 977,214,000 | 998,621,000 |
| Noninterest-bearing deposits | 122,330,000 | 336,228,000 | 136,882,000 | 157,830,000 |
| Equity capital | 180,365,000 | 183,176,000 | 184,720,000 | 191,517,000 |
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 | 15,289,000 | 31,038,000 | 48,149,000 | 66,554,000 |
| Interest expense | 2,630,000 | 6,455,000 | 12,210,000 | 19,488,000 |
| Net interest income | 12,659,000 | 24,583,000 | 35,939,000 | 47,066,000 |
| Noninterest income | 1,709,000 | 3,548,000 | 5,218,000 | 6,989,000 |
| Noninterest expense | 8,550,000 | 16,782,000 | 24,773,000 | 33,780,000 |
| Provision for loan losses | -40,000 | 570,000 | 1,428,000 | 2,846,000 |
| Pretax income | 5,834,000 | 10,801,000 | 15,072,000 | 18,450,000 |
| Income tax | 1,243,000 | 2,281,000 | 3,145,000 | 3,741,000 |
| Net income | 4,591,000 | 8,520,000 | 11,927,000 | 14,709,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 186,408,000 | 190,337,000 | 193,744,000 | 196,377,000 |