Call reports 2023
FIRST NATIONAL BANK OF LACON — 2023
What FIRST NATIONAL BANK OF LACON 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 | 79,067,000 | 90,104,000 | 87,342,000 | 81,390,000 |
| Total loans | 51,112,000 | 53,760,000 | 54,202,000 | 54,476,000 |
| Allowance for loan losses | 427,000 | 426,000 | 425,000 | 420,000 |
| Securities available for sale | 20,575,000 | 20,312,000 | 20,207,000 | 20,767,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 73,100,000 | 84,270,000 | 81,258,000 | 74,132,000 |
| Interest-bearing deposits | 57,453,000 | 69,661,000 | 67,807,000 | 60,596,000 |
| Noninterest-bearing deposits | 15,647,000 | 14,609,000 | 13,451,000 | 13,536,000 |
| Equity capital | 4,868,000 | 4,666,000 | 4,862,000 | 5,366,000 |
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 | 794,000 | 1,684,000 | 2,581,000 | 3,493,000 |
| Interest expense | 87,000 | 223,000 | 379,000 | 545,000 |
| Net interest income | 707,000 | 1,461,000 | 2,202,000 | 2,948,000 |
| Noninterest income | 6,000 | 20,000 | 32,000 | 55,000 |
| Noninterest expense | 517,000 | 1,087,000 | 1,587,000 | 2,179,000 |
| Provision for loan losses | 0 | 0 | 0 | 15,000 |
| Pretax income | 196,000 | 394,000 | 647,000 | 809,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 196,000 | 394,000 | 647,000 | 809,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,736,000 | 6,799,000 | 7,102,000 | 7,049,000 |
| Total capital | 7,163,000 | 7,225,000 | 7,527,000 | 7,469,000 |
| Risk-weighted assets | 49,672,000 | 54,441,000 | 54,579,000 | 53,600,000 |