Call reports 2023
BANK OF THE PACIFIC — 2023
What BANK OF THE PACIFIC 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 | 1,242,779,000 | 1,207,740,000 | 1,181,089,000 | 1,147,923,000 |
| Total loans | 645,150,000 | 658,539,000 | 671,770,000 | 685,656,000 |
| Allowance for loan losses | 8,231,000 | 8,223,000 | 8,347,000 | 8,530,000 |
| Securities available for sale | 227,330,000 | 218,902,000 | 232,682,000 | 238,126,000 |
| Securities held to maturity | 58,595,000 | 57,464,000 | 56,468,000 | 55,453,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,110,829,000 | 1,077,887,000 | 1,051,660,000 | 1,009,874,000 |
| Interest-bearing deposits | 629,843,000 | 630,714,000 | 619,159,000 | 600,020,000 |
| Noninterest-bearing deposits | 480,986,000 | 447,173,000 | 432,501,000 | 409,854,000 |
| Equity capital | 121,242,000 | 121,206,000 | 118,872,000 | 126,692,000 |
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 | 13,690,000 | 27,426,000 | 41,667,000 | 55,481,000 |
| Interest expense | 381,000 | 1,720,000 | 3,436,000 | 5,350,000 |
| Net interest income | 13,309,000 | 25,706,000 | 38,231,000 | 50,131,000 |
| Noninterest income | 1,435,000 | 3,176,000 | 4,777,000 | 6,295,000 |
| Noninterest expense | 9,079,000 | 17,936,000 | 26,981,000 | 36,405,000 |
| Provision for loan losses | 151,000 | 223,000 | 471,000 | 634,000 |
| Pretax income | 5,356,000 | 10,627,000 | 15,465,000 | 19,347,000 |
| Income tax | 983,000 | 2,054,000 | 2,984,000 | 3,661,000 |
| Net income | 4,373,000 | 8,573,000 | 12,481,000 | 15,686,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 123,530,000 | 126,128,000 | 128,376,000 | 129,220,000 |
| Total capital | 132,579,000 | 135,105,000 | 137,472,000 | 138,448,000 |
| Risk-weighted assets | 760,745,000 | 763,243,000 | 782,338,000 | 787,668,000 |