Call reports 2023
C3BANK, NATIONAL ASSOCIATION — 2023
What C3BANK, NATIONAL ASSOCIATION 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 | 833,700,000 | 861,317,000 | 860,862,000 | 885,366,000 |
| Total loans | 555,893,000 | 573,931,000 | 577,250,000 | 568,942,000 |
| Allowance for loan losses | 7,368,000 | 7,731,000 | 7,731,000 | 7,731,000 |
| Securities available for sale | 4,317,000 | 3,228,000 | 3,055,000 | 3,144,000 |
| Securities held to maturity | 71,296,000 | 48,867,000 | 47,321,000 | 41,833,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 698,817,000 | 731,262,000 | 722,166,000 | 749,960,000 |
| Interest-bearing deposits | 442,907,000 | 494,324,000 | 458,687,000 | 419,867,000 |
| Noninterest-bearing deposits | 255,910,000 | 236,938,000 | 263,479,000 | 330,093,000 |
| Equity capital | 70,831,000 | 74,280,000 | 76,787,000 | 78,686,000 |
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 | 9,733,000 | 20,560,000 | 32,857,000 | 44,679,000 |
| Interest expense | 2,060,000 | 5,171,000 | 9,321,000 | 13,811,000 |
| Net interest income | 7,673,000 | 15,389,000 | 23,536,000 | 30,868,000 |
| Noninterest income | 273,000 | 473,000 | 657,000 | 843,000 |
| Noninterest expense | 3,666,000 | 7,327,000 | 11,488,000 | 15,899,000 |
| Provision for loan losses | 38,000 | -1,082,000 | -1,118,000 | -1,118,000 |
| Pretax income | 4,242,000 | 9,617,000 | 13,823,000 | 16,930,000 |
| Income tax | 1,262,000 | 2,865,000 | 4,124,000 | 5,061,000 |
| Net income | 2,980,000 | 6,752,000 | 9,699,000 | 11,869,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 70,936,000 | 74,413,000 | 77,007,000 | 78,816,000 |
| Total capital | 78,055,000 | 81,713,000 | 84,327,000 | 86,013,000 |
| Risk-weighted assets | 568,884,000 | 583,219,000 | 584,879,000 | 574,870,000 |