Call reports 2023
BENEFICIAL STATE BANK — 2023
What BENEFICIAL STATE 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 | 1,802,541,000 | 1,755,998,000 | 1,788,729,000 | 1,812,569,000 |
| Total loans | 1,199,763,000 | 1,216,588,000 | 1,232,733,000 | 1,264,794,000 |
| Allowance for loan losses | 32,274,000 | 32,502,000 | 29,885,000 | 28,571,000 |
| Securities available for sale | 437,898,000 | 421,887,000 | 390,619,000 | 392,996,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,571,371,000 | 1,523,144,000 | 1,559,791,000 | 1,539,868,000 |
| Interest-bearing deposits | 1,086,494,000 | 1,066,183,000 | 1,114,913,000 | 1,091,084,000 |
| Noninterest-bearing deposits | 484,877,000 | 456,961,000 | 444,878,000 | 448,784,000 |
| Equity capital | 160,969,000 | 158,438,000 | 154,108,000 | 166,132,000 |
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 | 18,820,000 | 38,899,000 | 60,304,000 | 82,694,000 |
| Interest expense | 2,230,000 | 6,085,000 | 10,835,000 | 16,542,000 |
| Net interest income | 16,590,000 | 32,814,000 | 49,469,000 | 66,152,000 |
| Noninterest income | 1,338,000 | 2,994,000 | 11,446,000 | 12,910,000 |
| Noninterest expense | 13,622,000 | 26,984,000 | 45,623,000 | 61,999,000 |
| Provision for loan losses | 3,095,000 | 5,249,000 | 5,984,000 | 8,026,000 |
| Pretax income | 974,000 | 3,324,000 | 9,016,000 | 9,740,000 |
| Income tax | 250,000 | 899,000 | 2,559,000 | 2,738,000 |
| Net income | 724,000 | 2,425,000 | 6,457,000 | 7,002,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 221,009,000 | 222,713,000 | 227,597,000 | 227,712,000 |