Call reports 2023
AMERICAN COMMUNITY BANK & TRUST — 2023
What AMERICAN COMMUNITY 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 | 900,347,000 | 960,793,000 | 1,022,438,000 | 952,226,000 |
| Total loans | 566,873,000 | 591,228,000 | 608,502,000 | 619,795,000 |
| Allowance for loan losses | 7,201,000 | 7,357,000 | 7,451,000 | 7,670,000 |
| Securities available for sale | 242,460,000 | 269,691,000 | 285,204,000 | 204,508,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 804,985,000 | 793,696,000 | 828,099,000 | 809,150,000 |
| Interest-bearing deposits | 573,638,000 | 576,989,000 | 606,785,000 | 591,526,000 |
| Noninterest-bearing deposits | 231,346,000 | 216,707,000 | 221,314,000 | 217,624,000 |
| Equity capital | 91,464,000 | 92,518,000 | 93,133,000 | 98,063,000 |
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 | 9,685,000 | 19,982,000 | 32,102,000 | 45,038,000 |
| Interest expense | 2,787,000 | 6,916,000 | 12,564,000 | 18,831,000 |
| Net interest income | 6,898,000 | 13,066,000 | 19,538,000 | 26,207,000 |
| Noninterest income | 935,000 | 1,863,000 | 2,875,000 | 3,795,000 |
| Noninterest expense | 4,139,000 | 8,408,000 | 12,695,000 | 16,970,000 |
| Provision for loan losses | 550,000 | 706,000 | 800,000 | 1,017,000 |
| Pretax income | 1,556,000 | 4,071,000 | 7,043,000 | 10,207,000 |
| Income tax | 392,000 | 1,058,000 | 1,793,000 | 2,591,000 |
| Net income | 1,164,000 | 3,013,000 | 5,250,000 | 7,616,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 100,831,000 | 102,732,000 | 103,021,000 | 105,448,000 |