Call reports 2023
HEARTHSIDE BANK CORPORATION — 2023
What HEARTHSIDE BANK CORPORATION 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 | 492,381,000 | 492,302,000 | 498,836,000 | 513,330,000 |
| Total loans | 360,141,000 | 362,434,000 | 375,524,000 | 382,986,000 |
| Allowance for loan losses | 4,659,000 | 4,624,000 | 4,731,000 | 4,824,000 |
| Securities available for sale | 93,204,000 | 90,497,000 | 85,192,000 | 89,500,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 276,000 | 301,000 | 310,000 | 336,000 |
| Total deposits | 430,656,000 | 439,522,000 | 444,130,000 | 451,326,000 |
| Interest-bearing deposits | 335,431,000 | 347,692,000 | 356,830,000 | 365,995,000 |
| Noninterest-bearing deposits | 95,225,000 | 91,830,000 | 87,300,000 | 85,331,000 |
| Equity capital | 44,664,000 | 43,915,000 | 41,185,000 | 45,716,000 |
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 | 5,320,000 | 10,910,000 | 16,890,000 | 23,054,000 |
| Interest expense | 1,192,000 | 2,711,000 | 4,611,000 | 6,923,000 |
| Net interest income | 4,128,000 | 8,199,000 | 12,279,000 | 16,131,000 |
| Noninterest income | 840,000 | 1,767,000 | 2,664,000 | 3,494,000 |
| Noninterest expense | 3,901,000 | 7,748,000 | 11,572,000 | 15,377,000 |
| Provision for loan losses | 116,000 | 228,000 | 343,000 | 457,000 |
| Pretax income | 959,000 | 2,013,000 | 3,040,000 | 3,820,000 |
| Income tax | 174,000 | 339,000 | 518,000 | 668,000 |
| Net income | 785,000 | 1,674,000 | 2,522,000 | 3,152,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 53,561,000 | 53,886,000 | 54,157,000 | 54,535,000 |
| Total capital | 58,046,000 | 58,418,000 | 58,900,000 | 59,343,000 |
| Risk-weighted assets | 358,655,000 | 362,508,000 | 381,758,000 | 384,790,000 |