FACTANKER · measured, cited, anchored official records connected

Call reports 2023

BANKFIRST FINANCIAL SERVICES — 2023

What BANKFIRST FINANCIAL SERVICES reported to the FFIEC in 2023, quarter by quarter.

PERIOD: 2023SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/c01c9198-e2b7-4eac-9035-41db60ebb706/2023

Balance sheet

What the bank holds and owes at quarter end

Measure2023Q12023Q22023Q32023Q4
Total assets2,666,230,0002,658,969,0002,711,242,0002,723,191,000
Total loans1,725,309,0001,748,978,0001,783,089,0001,813,168,000
Allowance for loan losses23,219,00023,221,00023,684,00024,084,000
Securities available for sale288,570,000276,448,000233,896,000235,466,000
Securities held to maturity343,465,000337,928,000332,800,000328,013,000
Trading assets0000
Total deposits2,327,976,0002,311,151,0002,357,898,0002,356,659,000
Interest-bearing deposits1,705,312,0001,715,070,0001,769,249,0001,808,599,000
Noninterest-bearing deposits622,664,000596,081,000588,649,000548,060,000
Equity capital316,536,000320,973,000327,344,000341,181,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2023Q12023Q22023Q32023Q4
Interest income27,277,00055,841,00085,869,000117,072,000
Interest expense3,357,0008,676,00016,302,00025,339,000
Net interest income23,920,00047,165,00069,567,00091,733,000
Noninterest income5,607,00011,693,00022,884,00028,876,000
Noninterest expense18,851,00038,975,00058,628,00077,523,000
Provision for loan losses375,000750,0001,585,0001,985,000
Pretax income10,383,00019,201,00030,795,00039,770,000
Income tax2,441,0004,414,0007,039,0008,969,000
Net income7,942,00014,787,00023,756,00030,801,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2023Q12023Q22023Q32023Q4
Tier 1 capital252,102,000259,625,000269,272,000277,004,000