Call reports 2023
QUEENSBOROUGH NATIONAL BANK & TRUST COMPANY — 2023
What QUEENSBOROUGH NATIONAL BANK & TRUST COMPANY 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 | 1,932,058,000 | 1,917,741,000 | 1,910,562,000 | 2,070,889,000 |
| Total loans | 1,076,269,000 | 1,115,168,000 | 1,141,636,000 | 1,170,968,000 |
| Allowance for loan losses | 10,064,000 | 10,102,000 | 10,521,000 | 10,883,000 |
| Securities available for sale | 248,774,000 | 239,511,000 | 223,138,000 | 259,792,000 |
| Securities held to maturity | 372,715,000 | 367,184,000 | 352,556,000 | 347,008,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,784,716,000 | 1,756,816,000 | 1,748,626,000 | 1,849,923,000 |
| Interest-bearing deposits | 1,053,825,000 | 1,059,674,000 | 1,068,433,000 | 1,194,126,000 |
| Noninterest-bearing deposits | 730,891,000 | 697,142,000 | 680,193,000 | 655,797,000 |
| Equity capital | 142,234,000 | 144,264,000 | 143,184,000 | 150,985,000 |
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 | 19,508,000 | 39,695,000 | 61,077,000 | 84,532,000 |
| Interest expense | 3,848,000 | 9,015,000 | 15,513,000 | 23,538,000 |
| Net interest income | 15,660,000 | 30,680,000 | 45,564,000 | 60,994,000 |
| Noninterest income | 4,162,000 | 8,052,000 | 12,075,000 | 16,221,000 |
| Noninterest expense | 13,495,000 | 26,641,000 | 40,282,000 | 53,847,000 |
| Provision for loan losses | 0 | 300,000 | 750,000 | 1,350,000 |
| Pretax income | 6,325,000 | 11,793,000 | 16,609,000 | 22,020,000 |
| Income tax | 1,470,000 | 2,741,000 | 3,780,000 | 4,974,000 |
| Net income | 4,855,000 | 9,052,000 | 12,829,000 | 17,046,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 175,379,000 | 178,079,000 | 181,855,000 | 182,486,000 |
| Total capital | 186,111,000 | 188,849,000 | 193,044,000 | 194,064,000 |
| Risk-weighted assets | 1,293,954,000 | 1,315,091,000 | 1,330,721,000 | 1,352,613,000 |