Call reports 2023
BEACON BANK & TRUST — 2023
What BEACON BANK & TRUST 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 | 6,377,560,000 | 6,064,990,000 | 6,062,778,000 | 6,187,285,000 |
| Total loans | 5,490,502,000 | 5,351,001,000 | 5,393,410,000 | 5,544,341,000 |
| Allowance for loan losses | 76,474,000 | 75,987,000 | 69,512,000 | 68,928,000 |
| Securities available for sale | 351,095,000 | 309,842,000 | 297,142,000 | 307,129,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 88,164,000 | 104,869,000 | 128,055,000 | 81,723,000 |
| Total deposits | 4,347,583,000 | 4,408,771,000 | 4,447,668,000 | 4,460,763,000 |
| Interest-bearing deposits | 3,281,558,000 | 3,396,756,000 | 3,518,798,000 | 3,576,345,000 |
| Noninterest-bearing deposits | 1,066,025,000 | 1,012,015,000 | 928,870,000 | 884,418,000 |
| Equity capital | 580,358,000 | 580,806,000 | 572,705,000 | 586,587,000 |
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 | 79,307,000 | 164,736,000 | 249,464,000 | 338,021,000 |
| Interest expense | 29,681,000 | 67,160,000 | 105,062,000 | 146,001,000 |
| Net interest income | 49,626,000 | 97,576,000 | 144,402,000 | 192,020,000 |
| Noninterest income | 7,613,000 | 10,059,000 | 12,431,000 | 16,569,000 |
| Noninterest expense | 30,447,000 | 60,906,000 | 91,538,000 | 122,562,000 |
| Provision for loan losses | 7,567,000 | 8,146,000 | 12,613,000 | 18,121,000 |
| Pretax income | 18,072,000 | 38,083,000 | 53,088,000 | 68,388,000 |
| Income tax | 3,766,000 | 7,426,000 | 9,982,000 | 12,490,000 |
| Net income | 14,306,000 | 30,657,000 | 43,106,000 | 55,898,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 574,897,000 | 581,284,000 | 579,269,000 | 580,148,000 |
| Total capital | 641,174,000 | 646,988,000 | 648,634,000 | 650,135,000 |
| Risk-weighted assets | 5,276,152,000 | 5,230,825,000 | 5,534,785,000 | 5,585,784,000 |