Call reports 2023
SILVER LAKE BANK — 2023
What SILVER LAKE 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 | 422,035,000 | 442,196,000 | 418,134,000 | 421,112,000 |
| Total loans | 315,639,000 | 327,745,000 | 329,654,000 | 335,532,000 |
| Allowance for loan losses | 3,077,000 | 3,123,000 | 3,416,000 | 3,353,000 |
| Securities available for sale | 69,805,000 | 67,633,000 | 64,516,000 | 64,947,000 |
| Securities held to maturity | 5,061,000 | 4,931,000 | 8,609,000 | 8,452,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 336,697,000 | 355,377,000 | 334,936,000 | 333,364,000 |
| Interest-bearing deposits | 255,997,000 | 274,188,000 | 254,627,000 | 255,278,000 |
| Noninterest-bearing deposits | 80,700,000 | 81,189,000 | 80,309,000 | 78,086,000 |
| Equity capital | 40,290,000 | 41,193,000 | 41,518,000 | 44,536,000 |
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 | 5,146,000 | 10,755,000 | 16,804,000 | 22,993,000 |
| Interest expense | 1,274,000 | 2,876,000 | 4,770,000 | 6,741,000 |
| Net interest income | 3,872,000 | 7,879,000 | 12,034,000 | 16,252,000 |
| Noninterest income | 431,000 | 679,000 | 977,000 | 1,185,000 |
| Noninterest expense | 3,108,000 | 5,650,000 | 8,270,000 | 10,721,000 |
| Provision for loan losses | 40,000 | 71,000 | 363,000 | 535,000 |
| Pretax income | 1,049,000 | 2,739,000 | 4,281,000 | 6,090,000 |
| Income tax | 264,000 | 675,000 | 1,055,000 | 1,462,000 |
| Net income | 785,000 | 2,064,000 | 3,226,000 | 4,628,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 43,917,000 | 45,196,000 | 46,359,000 | 47,760,000 |