Call reports 2023
TROY BANK & TRUST COMPANY — 2023
What TROY BANK & TRUST COMPANY 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 | 1,448,218,000 | 1,450,870,000 | 1,484,411,000 | 1,533,267,000 |
| Total loans | 913,043,000 | 918,125,000 | 925,583,000 | 951,816,000 |
| Allowance for loan losses | 13,000,000 | 12,942,000 | 12,693,000 | 12,778,000 |
| Securities available for sale | 412,666,000 | 401,736,000 | 425,798,000 | 431,674,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,308,783,000 | 1,311,057,000 | 1,346,512,000 | 1,380,120,000 |
| Interest-bearing deposits | 1,033,706,000 | 1,041,012,000 | 1,054,630,000 | 1,089,045,000 |
| Noninterest-bearing deposits | 275,077,000 | 270,045,000 | 291,882,000 | 291,075,000 |
| Equity capital | 128,280,000 | 127,774,000 | 124,273,000 | 138,644,000 |
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 | 15,474,000 | 31,904,000 | 49,811,000 | 68,059,000 |
| Interest expense | 4,872,000 | 10,271,000 | 16,821,000 | 24,512,000 |
| Net interest income | 10,602,000 | 21,633,000 | 32,990,000 | 43,547,000 |
| Noninterest income | 1,630,000 | 3,513,000 | 5,196,000 | 7,280,000 |
| Noninterest expense | 8,030,000 | 16,608,000 | 24,816,000 | 33,139,000 |
| Provision for loan losses | 525,000 | 1,050,000 | 1,050,000 | 1,350,000 |
| Pretax income | 764,000 | 4,575,000 | 9,242,000 | 13,932,000 |
| Income tax | 44,000 | 155,000 | 1,255,000 | 2,338,000 |
| Net income | 720,000 | 4,420,000 | 7,987,000 | 11,594,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 152,590,000 | 155,260,000 | 158,266,000 | 160,830,000 |