Call reports 2023
ADRIAN STATE BANK — 2023
What ADRIAN STATE 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 | 60,758,000 | 59,438,000 | 59,541,000 | 60,881,000 |
| Total loans | 38,572,000 | 37,971,000 | 40,450,000 | 40,258,000 |
| Allowance for loan losses | 624,000 | 624,000 | 624,000 | 624,000 |
| Securities available for sale | 9,402,000 | 9,179,000 | 8,064,000 | 8,591,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 54,756,000 | 49,831,000 | 49,799,000 | 52,900,000 |
| Interest-bearing deposits | 32,965,000 | 32,280,000 | 30,204,000 | 30,708,000 |
| Noninterest-bearing deposits | 21,791,000 | 17,551,000 | 19,595,000 | 22,192,000 |
| Equity capital | 5,469,000 | 5,582,000 | 5,631,000 | 5,793,000 |
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 | 733,000 | 1,382,000 | 2,049,000 | 2,751,000 |
| Interest expense | 82,000 | 205,000 | 380,000 | 567,000 |
| Net interest income | 651,000 | 1,177,000 | 1,669,000 | 2,184,000 |
| Noninterest income | 27,000 | 56,000 | 79,000 | 105,000 |
| Noninterest expense | 361,000 | 695,000 | 1,020,000 | 1,459,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 317,000 | 538,000 | 728,000 | 830,000 |
| Income tax | -45,000 | -12,000 | 23,000 | 31,000 |
| Net income | 362,000 | 550,000 | 705,000 | 799,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,023,000 | 6,173,000 | 6,254,000 | 6,197,000 |