Call reports 2023
CORN GROWERS STATE BANK — 2023
What CORN GROWERS STATE 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 | 37,797,000 | 37,764,000 | 38,896,000 | 39,734,000 |
| Total loans | 18,428,000 | 19,477,000 | 20,746,000 | 22,613,000 |
| Allowance for loan losses | 215,000 | 218,000 | 247,000 | 253,000 |
| Securities available for sale | 13,758,000 | 13,613,000 | 13,625,000 | 12,431,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 35,008,000 | 33,698,000 | 31,221,000 | 30,201,000 |
| Interest-bearing deposits | 23,018,000 | 22,650,000 | 21,034,000 | 19,778,000 |
| Noninterest-bearing deposits | 11,990,000 | 11,048,000 | 10,187,000 | 10,423,000 |
| Equity capital | 1,737,000 | 1,710,000 | 1,784,000 | 2,075,000 |
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 | 324,000 | 685,000 | 1,074,000 | 1,465,000 |
| Interest expense | 27,000 | 75,000 | 133,000 | 235,000 |
| Net interest income | 297,000 | 610,000 | 941,000 | 1,230,000 |
| Noninterest income | 28,000 | 48,000 | 87,000 | 120,000 |
| Noninterest expense | 310,000 | 544,000 | 810,000 | 1,049,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 15,000 | 114,000 | 218,000 | 301,000 |
| Income tax | 0 | 0 | 25,000 | 63,000 |
| Net income | 15,000 | 114,000 | 193,000 | 238,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,489,000 | 2,577,000 | 2,641,000 | 2,690,000 |
| Total capital | 2,704,000 | 2,795,000 | 2,889,000 | 2,943,000 |
| Risk-weighted assets | 17,724,000 | 18,723,000 | 20,171,000 | 20,755,000 |