FACTANKER · measured, cited, anchored official records connected

Call reports 2023

RESOURCE BANK — 2023

What RESOURCE BANK reported to the FFIEC in 2023, quarter by quarter.

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

Cite: FACTANKER, https://factanker.com/entity/b100e02a-15a0-4859-9220-1e67fdf74daf/2023

Balance sheet

What the bank holds and owes at quarter end

Measure2023Q12023Q22023Q32023Q4
Total assets979,248,000996,751,0001,007,962,000985,906,000
Total loans683,751,000717,297,000731,312,000747,771,000
Allowance for loan losses4,249,0004,424,0004,485,0004,649,000
Securities available for sale229,206,000217,438,000209,438,000182,381,000
Securities held to maturity4,846,0004,851,0004,855,0004,860,000
Trading assets0000
Total deposits795,891,000796,236,000769,766,000745,795,000
Interest-bearing deposits574,774,000573,760,000555,653,000549,320,000
Noninterest-bearing deposits221,118,000222,476,000214,113,000196,475,000
Equity capital95,355,00095,545,00096,385,000101,435,000

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 income10,034,00021,093,00032,812,00045,138,000
Interest expense2,500,0005,528,0009,109,00013,443,000
Net interest income7,534,00015,565,00023,703,00031,695,000
Noninterest income557,0001,142,0001,653,0002,242,000
Noninterest expense5,894,00011,787,00018,066,00024,041,000
Provision for loan losses147,000121,000182,000346,000
Pretax income2,054,0004,591,0006,914,0009,231,000
Income tax-146,000420,000937,0001,454,000
Net income2,200,0004,171,0005,977,0007,777,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2023Q12023Q22023Q32023Q4
Tier 1 capital106,883,000108,005,000109,361,000110,561,000