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Call reports 2023

SHOREHAM BANK — 2023

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

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

Cite: FACTANKER, https://factanker.com/entity/b2b919d7-94f0-4018-b9e2-f1de9024b706/2023

Balance sheet

What the bank holds and owes at quarter end

Measure2023Q12023Q22023Q32023Q4
Total assets369,964,000388,493,000400,899,000416,722,000
Total loans315,317,000334,578,000348,252,000366,434,000
Allowance for loan losses6,981,0007,259,0007,435,0007,495,000
Securities available for sale12,826,00012,664,00012,194,00012,658,000
Securities held to maturity0000
Trading assets0000
Total deposits310,863,000328,861,000341,218,000341,636,000
Interest-bearing deposits302,437,000320,117,000332,627,000336,305,000
Noninterest-bearing deposits8,426,0008,744,0008,591,0005,331,000
Equity capital48,536,00049,993,00050,614,00050,847,000

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 income7,174,00014,544,00022,499,00030,994,000
Interest expense2,104,0004,442,0007,240,00010,414,000
Net interest income5,070,00010,102,00015,259,00020,580,000
Noninterest income3,116,0005,068,0007,210,0008,199,000
Noninterest expense5,219,00010,305,00016,152,00020,961,000
Provision for loan losses300,000600,0001,000,0001,415,000
Pretax income2,667,0004,265,0005,317,0006,403,000
Income tax0000
Net income2,667,0004,265,0005,317,0006,403,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2023Q12023Q22023Q32023Q4
Tier 1 capital48,765,00050,363,00051,415,00051,157,000
Total capital52,526,00054,331,00055,612,00055,485,000
Risk-weighted assets297,426,000313,871,000332,533,000343,096,000

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