Call reports 2023
KERNDT BROTHERS SAVINGS BANK — 2023
What KERNDT BROTHERS SAVINGS 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 | 355,683,000 | 375,913,000 | 374,523,000 | 370,970,000 |
| Total loans | 244,693,000 | 248,332,000 | 243,774,000 | 250,802,000 |
| Allowance for loan losses | 3,023,000 | 3,055,000 | 3,088,000 | 2,984,000 |
| Securities available for sale | 80,533,000 | 91,041,000 | 83,966,000 | 88,990,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 305,945,000 | 290,943,000 | 289,311,000 | 290,728,000 |
| Interest-bearing deposits | 255,267,000 | 237,323,000 | 241,006,000 | 242,729,000 |
| Noninterest-bearing deposits | 50,678,000 | 53,620,000 | 48,305,000 | 47,999,000 |
| Equity capital | 28,985,000 | 28,985,000 | 27,476,000 | 30,688,000 |
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 | 3,436,000 | 7,239,000 | 11,299,000 | 15,650,000 |
| Interest expense | 1,125,000 | 2,661,000 | 4,643,000 | 6,752,000 |
| Net interest income | 2,311,000 | 4,578,000 | 6,656,000 | 8,898,000 |
| Noninterest income | 491,000 | 817,000 | 1,189,000 | 1,989,000 |
| Noninterest expense | 2,213,000 | 4,310,000 | 6,420,000 | 8,435,000 |
| Provision for loan losses | 5,000 | 40,000 | 115,000 | 230,000 |
| Pretax income | 592,000 | 1,060,000 | 1,235,000 | 1,517,000 |
| Income tax | 31,000 | 36,000 | 46,000 | 55,000 |
| Net income | 561,000 | 1,024,000 | 1,189,000 | 1,462,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,840,000 | 32,781,000 | 32,808,000 | 33,094,000 |