Call reports 2023
BURKE AND HERBERT BANK AND TRUST COMPANY — 2023
What BURKE AND HERBERT BANK AND TRUST COMPANY 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 | 3,671,847,000 | 3,570,100,000 | 3,587,918,000 | 3,616,933,000 |
| Total loans | 1,952,098,000 | 2,001,425,000 | 2,073,627,000 | 2,089,253,000 |
| Allowance for loan losses | 25,704,000 | 25,919,000 | 26,111,000 | 25,301,000 |
| Securities available for sale | 1,362,785,000 | 1,252,190,000 | 1,224,395,000 | 1,248,439,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,036,391,000 | 3,009,263,000 | 2,989,618,000 | 3,002,165,000 |
| Interest-bearing deposits | 2,125,668,000 | 2,128,867,000 | 2,132,233,000 | 2,171,561,000 |
| Noninterest-bearing deposits | 910,723,000 | 880,396,000 | 857,385,000 | 830,604,000 |
| Equity capital | 286,266,000 | 286,946,000 | 269,123,000 | 313,365,000 |
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 | 34,459,000 | 71,936,000 | 109,322,000 | 147,619,000 |
| Interest expense | 9,556,000 | 22,882,000 | 37,268,000 | 53,145,000 |
| Net interest income | 24,903,000 | 49,054,000 | 72,054,000 | 94,474,000 |
| Noninterest income | 4,087,000 | 8,459,000 | 12,634,000 | 17,303,000 |
| Noninterest expense | 19,409,000 | 39,582,000 | 59,384,000 | 79,512,000 |
| Provision for loan losses | 523,000 | 833,000 | 1,033,000 | 235,000 |
| Pretax income | 9,066,000 | 17,091,000 | 24,228,000 | 31,939,000 |
| Income tax | 785,000 | 1,825,000 | 2,866,000 | 3,814,000 |
| Net income | 8,281,000 | 15,266,000 | 21,362,000 | 28,125,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 410,075,000 | 413,123,000 | 415,281,000 | 416,859,000 |
| Total capital | 436,046,000 | 439,212,000 | 441,597,000 | 442,414,000 |
| Risk-weighted assets | 2,357,413,000 | 2,365,377,000 | 2,538,927,000 | 2,482,150,000 |