Call reports 2023
CORTRUST BANK NATIONAL ASSOCIATION — 2023
What CORTRUST BANK NATIONAL ASSOCIATION 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 | 1,612,636,000 | 1,591,831,000 | 1,605,542,000 | 1,607,380,000 |
| Total loans | 1,016,083,000 | 1,041,505,000 | 1,063,351,000 | 1,062,317,000 |
| Allowance for loan losses | 17,107,000 | 17,001,000 | 18,255,000 | 17,387,000 |
| Securities available for sale | 229,233,000 | 180,991,000 | 177,672,000 | 180,850,000 |
| Securities held to maturity | 259,910,000 | 256,417,000 | 252,288,000 | 249,335,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,417,627,000 | 1,364,893,000 | 1,361,691,000 | 1,358,185,000 |
| Interest-bearing deposits | 1,024,246,000 | 1,002,962,000 | 1,004,449,000 | 1,011,607,000 |
| Noninterest-bearing deposits | 393,381,000 | 361,931,000 | 357,242,000 | 346,578,000 |
| Equity capital | 114,138,000 | 112,507,000 | 111,534,000 | 117,192,000 |
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 | 17,081,000 | 35,028,000 | 53,886,000 | 73,262,000 |
| Interest expense | 4,237,000 | 9,610,000 | 16,075,000 | 22,918,000 |
| Net interest income | 12,844,000 | 25,418,000 | 37,811,000 | 50,344,000 |
| Noninterest income | 4,452,000 | 9,030,000 | 13,430,000 | 18,049,000 |
| Noninterest expense | 14,149,000 | 28,558,000 | 42,382,000 | 55,413,000 |
| Provision for loan losses | -1,456,000 | 1,053,000 | 5,434,000 | 7,896,000 |
| Pretax income | 4,707,000 | 3,846,000 | 2,097,000 | 4,055,000 |
| Income tax | 880,000 | 800,000 | 292,000 | 845,000 |
| Net income | 3,827,000 | 3,046,000 | 1,805,000 | 3,210,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 145,314,000 | 142,987,000 | 142,056,000 | 143,770,000 |
| Total capital | 160,250,000 | 158,077,000 | 157,376,000 | 158,737,000 |
| Risk-weighted assets | 1,192,728,000 | 1,205,309,000 | 1,222,740,000 | 1,194,948,000 |