Call reports 2023
STATE BANK OF TAUNTON — 2023
What STATE BANK OF TAUNTON 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 | 53,909,000 | 50,801,000 | 47,958,000 | 48,387,000 |
| Total loans | 35,474,000 | 35,377,000 | 33,312,000 | 31,132,000 |
| Allowance for loan losses | 468,000 | 471,000 | 478,000 | 486,000 |
| Securities available for sale | 11,350,000 | 11,448,000 | 11,097,000 | 11,212,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 49,023,000 | 43,923,000 | 41,331,000 | 41,243,000 |
| Interest-bearing deposits | 38,840,000 | 35,123,000 | 32,898,000 | 32,379,000 |
| Noninterest-bearing deposits | 10,182,000 | 8,800,000 | 8,433,000 | 8,864,000 |
| Equity capital | 4,119,000 | 4,113,000 | 3,789,000 | 4,355,000 |
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 | 636,000 | 1,265,000 | 1,894,000 | 2,591,000 |
| Interest expense | 53,000 | 96,000 | 186,000 | 311,000 |
| Net interest income | 583,000 | 1,169,000 | 1,708,000 | 2,280,000 |
| Noninterest income | 34,000 | 63,000 | 86,000 | 115,000 |
| Noninterest expense | 534,000 | 1,051,000 | 1,571,000 | 2,091,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 83,000 | 157,000 | 199,000 | 279,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 83,000 | 157,000 | 199,000 | 279,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,338,000 | 6,427,000 | 6,469,000 | 6,475,000 |
| Total capital | 6,806,000 | 6,898,000 | 6,947,000 | 6,961,000 |
| Risk-weighted assets | 42,415,000 | 41,980,000 | 39,647,000 | 39,771,000 |