Call reports 2023
DEDICATED COMMUNITY BANK — 2023
What DEDICATED COMMUNITY 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 | 93,363,000 | 93,992,000 | 93,527,000 | 92,455,000 |
| Total loans | 68,156,000 | 66,562,000 | 67,366,000 | 70,072,000 |
| Allowance for loan losses | 708,000 | 708,000 | 705,000 | 713,000 |
| Securities available for sale | 7,554,000 | 7,225,000 | 6,812,000 | 6,940,000 |
| Securities held to maturity | 6,707,000 | 6,696,000 | 6,685,000 | 6,674,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 85,973,000 | 84,513,000 | 81,954,000 | 82,559,000 |
| Interest-bearing deposits | 64,427,000 | 61,470,000 | 62,420,000 | 64,840,000 |
| Noninterest-bearing deposits | 21,546,000 | 23,043,000 | 19,534,000 | 17,719,000 |
| Equity capital | 7,181,000 | 7,274,000 | 7,276,000 | 7,608,000 |
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 | 1,090,000 | 2,203,000 | 3,348,000 | 4,538,000 |
| Interest expense | 130,000 | 291,000 | 503,000 | 801,000 |
| Net interest income | 960,000 | 1,912,000 | 2,845,000 | 3,737,000 |
| Noninterest income | 67,000 | 132,000 | 202,000 | 269,000 |
| Noninterest expense | 754,000 | 1,534,000 | 2,336,000 | 3,188,000 |
| Provision for loan losses | 0 | 0 | 0 | 10,000 |
| Pretax income | 273,000 | 510,000 | 711,000 | 808,000 |
| Income tax | 63,000 | 120,000 | 168,000 | 157,000 |
| Net income | 210,000 | 390,000 | 543,000 | 651,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,876,000 | 8,057,000 | 8,210,000 | 8,330,000 |
| Total capital | 8,564,000 | 8,745,000 | 8,890,000 | 9,014,000 |
| Risk-weighted assets | 72,401,000 | 70,425,000 | 71,303,000 | 73,514,000 |