Call reports 2023
BUFFALO FEDERAL BANK — 2023
What BUFFALO FEDERAL 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 | 182,678,000 | 184,178,000 | 184,091,000 | 191,300,000 |
| Total loans | 139,758,000 | 142,360,000 | 142,769,000 | 139,715,000 |
| Allowance for loan losses | 2,594,000 | 2,614,000 | 2,526,000 | 2,500,000 |
| Securities available for sale | 22,443,000 | 22,134,000 | 20,935,000 | 22,548,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 159,810,000 | 160,158,000 | 160,667,000 | 166,328,000 |
| Interest-bearing deposits | 132,569,000 | 132,361,000 | 132,286,000 | 138,124,000 |
| Noninterest-bearing deposits | 27,241,000 | 27,798,000 | 28,381,000 | 28,204,000 |
| Equity capital | 12,468,000 | 12,718,000 | 12,080,000 | 13,753,000 |
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 | 2,067,000 | 4,358,000 | 6,690,000 | 9,188,000 |
| Interest expense | 520,000 | 1,200,000 | 1,972,000 | 2,836,000 |
| Net interest income | 1,547,000 | 3,158,000 | 4,718,000 | 6,352,000 |
| Noninterest income | 256,000 | 534,000 | 822,000 | 1,128,000 |
| Noninterest expense | 1,436,000 | 2,813,000 | 4,290,000 | 5,685,000 |
| Provision for loan losses | 0 | 20,000 | 20,000 | 20,000 |
| Pretax income | 367,000 | 874,000 | 1,250,000 | 1,795,000 |
| Income tax | 71,000 | 170,000 | 242,000 | 346,000 |
| Net income | 296,000 | 704,000 | 1,008,000 | 1,449,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,917,000 | 17,325,000 | 17,629,000 | 18,019,000 |