Call reports 2023
FIRST CHOICE BANK — 2023
What FIRST CHOICE 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 | 461,724,000 | 452,657,000 | 451,550,000 | 465,683,000 |
| Total loans | 262,705,000 | 269,557,000 | 276,322,000 | 277,351,000 |
| Allowance for loan losses | 3,862,000 | 3,705,000 | 3,736,000 | 3,722,000 |
| Securities available for sale | 137,354,000 | 141,245,000 | 132,947,000 | 140,972,000 |
| Securities held to maturity | 315,000 | 75,000 | 75,000 | 75,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 420,898,000 | 411,523,000 | 411,599,000 | 423,869,000 |
| Interest-bearing deposits | 369,615,000 | 366,361,000 | 362,374,000 | 375,107,000 |
| Noninterest-bearing deposits | 51,283,000 | 45,162,000 | 49,225,000 | 48,762,000 |
| Equity capital | 37,250,000 | 37,072,000 | 35,087,000 | 37,718,000 |
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 | 4,733,000 | 9,932,000 | 15,281,000 | 20,929,000 |
| Interest expense | 1,341,000 | 3,181,000 | 5,270,000 | 7,664,000 |
| Net interest income | 3,392,000 | 6,751,000 | 10,011,000 | 13,265,000 |
| Noninterest income | 797,000 | 1,684,000 | 2,524,000 | 3,394,000 |
| Noninterest expense | 2,927,000 | 5,850,000 | 8,799,000 | 11,908,000 |
| Provision for loan losses | 0 | 20,000 | 80,000 | 140,000 |
| Pretax income | 1,262,000 | 2,565,000 | 3,656,000 | 4,611,000 |
| Income tax | 172,000 | 439,000 | 712,000 | 773,000 |
| Net income | 1,090,000 | 2,126,000 | 2,944,000 | 3,838,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 48,420,000 | 49,463,000 | 50,286,000 | 48,484,000 |