Call reports 2023
MARS BANK — 2023
What MARS 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 | 516,344,000 | 520,795,000 | 518,663,000 | 529,562,000 |
| Total loans | 329,680,000 | 338,737,000 | 339,892,000 | 341,734,000 |
| Allowance for loan losses | 3,243,000 | 3,243,000 | 3,247,000 | 3,295,000 |
| Securities available for sale | 146,876,000 | 142,464,000 | 134,545,000 | 135,405,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 470,562,000 | 459,098,000 | 473,288,000 | 491,058,000 |
| Interest-bearing deposits | 316,647,000 | 310,172,000 | 322,624,000 | 338,170,000 |
| Noninterest-bearing deposits | 153,915,000 | 148,926,000 | 150,664,000 | 152,888,000 |
| Equity capital | 26,838,000 | 24,854,000 | 22,736,000 | 26,662,000 |
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 | 4,068,000 | 8,309,000 | 12,737,000 | 17,447,000 |
| Interest expense | 692,000 | 1,910,000 | 3,436,000 | 5,127,000 |
| Net interest income | 3,376,000 | 6,399,000 | 9,301,000 | 12,320,000 |
| Noninterest income | 430,000 | 912,000 | 1,339,000 | 1,739,000 |
| Noninterest expense | 3,438,000 | 6,799,000 | 10,448,000 | 13,890,000 |
| Provision for loan losses | 53,000 | 53,000 | 57,000 | 105,000 |
| Pretax income | 315,000 | 459,000 | 135,000 | 48,000 |
| Income tax | 22,000 | 12,000 | -100,000 | -47,000 |
| Net income | 293,000 | 447,000 | 235,000 | 95,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,889,000 | 39,768,000 | 39,418,000 | 39,278,000 |
| Total capital | 43,159,000 | 43,038,000 | 42,692,000 | 42,617,000 |
| Risk-weighted assets | 303,372,000 | 308,666,000 | 310,712,000 | 310,012,000 |