FACTANKER · measured, cited, anchored official records connected

Call reports 2023

SPIRITBANK — 2023

What SPIRITBANK reported to the FFIEC in 2023, quarter by quarter.

PERIOD: 2023SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/ae1be44b-8206-4028-a7ab-48a9a0c3222c/2023

Balance sheet

What the bank holds and owes at quarter end

Measure2023Q12023Q22023Q32023Q4
Total assets694,318,000711,088,000715,757,000769,664,000
Total loans614,944,000614,407,000621,027,000612,119,000
Allowance for loan losses9,159,0009,154,0009,660,0009,672,000
Securities available for sale45,199,00048,057,00050,054,00063,442,000
Securities held to maturity0000
Trading assets0000
Total deposits608,551,000625,362,000629,964,000680,072,000
Interest-bearing deposits446,169,000464,627,000475,991,000529,377,000
Noninterest-bearing deposits162,382,000160,735,000153,973,000150,695,000
Equity capital79,027,00078,277,00077,670,00079,017,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2023Q12023Q22023Q32023Q4
Interest income9,267,00019,010,00029,214,00040,132,000
Interest expense2,546,0005,734,0009,334,00013,559,000
Net interest income6,721,00013,276,00019,880,00026,573,000
Noninterest income551,0001,371,0002,485,0003,189,000
Noninterest expense5,151,00010,285,00015,437,00020,551,000
Provision for loan losses00500,000500,000
Pretax income2,121,0004,362,0006,428,0008,711,000
Income tax547,0001,123,0001,656,0002,246,000
Net income1,574,0003,239,0004,772,0006,465,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2023Q12023Q22023Q32023Q4
Tier 1 capital80,059,00080,550,00080,699,00080,643,000
Total capital87,762,00088,371,00088,700,00088,536,000
Risk-weighted assets614,772,000624,336,000638,413,000629,656,000