Call reports 2023
STATE EXCHANGE BANK, THE — 2023
What STATE EXCHANGE BANK, THE 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 | 44,653,000 | 43,470,000 | 44,100,000 | 52,268,000 |
| Total loans | 17,229,000 | 17,898,000 | 18,916,000 | 16,733,000 |
| Allowance for loan losses | 203,000 | 194,000 | 242,000 | 243,000 |
| Securities available for sale | 21,361,000 | 21,468,000 | 20,446,000 | 22,086,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 42,075,000 | 40,730,000 | 41,843,000 | 48,705,000 |
| Interest-bearing deposits | 31,834,000 | 30,648,000 | 30,120,000 | 29,613,000 |
| Noninterest-bearing deposits | 10,241,000 | 10,082,000 | 11,723,000 | 19,092,000 |
| Equity capital | 2,539,000 | 2,698,000 | 2,221,000 | 3,308,000 |
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 | 415,000 | 843,000 | 1,299,000 | 1,815,000 |
| Interest expense | 87,000 | 183,000 | 298,000 | 421,000 |
| Net interest income | 328,000 | 660,000 | 1,001,000 | 1,394,000 |
| Noninterest income | 13,000 | 34,000 | 49,000 | 63,000 |
| Noninterest expense | 212,000 | 449,000 | 675,000 | 1,005,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 130,000 | 247,000 | 377,000 | 386,000 |
| Income tax | 5,000 | 11,000 | 16,000 | 17,000 |
| Net income | 125,000 | 236,000 | 361,000 | 369,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,250,000 | 5,125,000 | 5,437,000 | 5,444,000 |