Call reports 2023
BANK FORWARD — 2023
What BANK FORWARD 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 | 894,030,000 | 923,737,000 | 978,076,000 | 991,131,000 |
| Total loans | 741,491,000 | 781,300,000 | 798,983,000 | 801,640,000 |
| Allowance for loan losses | 5,893,000 | 6,054,000 | 6,102,000 | 4,958,000 |
| Securities available for sale | 54,220,000 | 52,187,000 | 49,418,000 | 51,559,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 774,426,000 | 773,079,000 | 821,324,000 | 850,566,000 |
| Interest-bearing deposits | 540,256,000 | 566,067,000 | 615,950,000 | 634,686,000 |
| Noninterest-bearing deposits | 234,170,000 | 207,012,000 | 205,374,000 | 215,880,000 |
| Equity capital | 98,214,000 | 94,943,000 | 97,024,000 | 104,293,000 |
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 | 10,069,000 | 20,729,000 | 32,548,000 | 45,306,000 |
| Interest expense | 1,793,000 | 4,666,000 | 8,856,000 | 13,733,000 |
| Net interest income | 8,276,000 | 16,063,000 | 23,692,000 | 31,573,000 |
| Noninterest income | 4,928,000 | 9,159,000 | 14,199,000 | 19,621,000 |
| Noninterest expense | 8,430,000 | 16,759,000 | 25,575,000 | 35,410,000 |
| Provision for loan losses | -491,000 | -323,000 | -272,000 | -1,416,000 |
| Pretax income | 5,245,000 | 8,757,000 | 12,572,000 | 17,300,000 |
| Income tax | 0 | 2,000 | 2,000 | 2,000 |
| Net income | 5,245,000 | 8,755,000 | 12,570,000 | 17,298,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 97,758,000 | 95,289,000 | 99,206,000 | 103,622,000 |