Call reports 2023
FIRST NATIONAL BANK OF SAINT IGNACE, THE — 2023
What FIRST NATIONAL BANK OF SAINT IGNACE, THE 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 | 325,442,000 | 322,520,000 | 355,789,000 | 329,390,000 |
| Total loans | 84,745,000 | 86,164,000 | 88,487,000 | 89,794,000 |
| Allowance for loan losses | 952,000 | 966,000 | 958,000 | 926,000 |
| Securities available for sale | 213,046,000 | 204,225,000 | 200,319,000 | 204,319,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 302,651,000 | 306,205,000 | 348,918,000 | 318,077,000 |
| Interest-bearing deposits | 229,665,000 | 228,239,000 | 244,545,000 | 233,468,000 |
| Noninterest-bearing deposits | 72,986,000 | 77,966,000 | 104,373,000 | 84,609,000 |
| Equity capital | 6,715,000 | 3,615,000 | 1,847,000 | 6,639,000 |
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 | 2,199,000 | 4,346,000 | 6,730,000 | 9,458,000 |
| Interest expense | 588,000 | 1,398,000 | 2,223,000 | 3,067,000 |
| Net interest income | 1,611,000 | 2,948,000 | 4,507,000 | 6,391,000 |
| Noninterest income | 299,000 | 619,000 | 1,022,000 | 1,176,000 |
| Noninterest expense | 1,811,000 | 3,773,000 | 5,698,000 | 7,172,000 |
| Provision for loan losses | 15,000 | 30,000 | 40,000 | -28,000 |
| Pretax income | 15,000 | -310,000 | -283,000 | 349,000 |
| Income tax | -30,000 | -122,000 | -128,000 | 28,000 |
| Net income | 45,000 | -188,000 | -155,000 | 321,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,676,000 | 20,251,000 | 20,148,000 | 20,576,000 |
| Total capital | 21,627,000 | 21,216,000 | 21,105,000 | 21,502,000 |
| Risk-weighted assets | 154,310,000 | 152,791,000 | 157,642,000 | 152,307,000 |