Call reports 2023
AVB BANK — 2023
What AVB 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 | 484,135,000 | 466,896,000 | 460,993,000 | 499,939,000 |
| Total loans | 366,283,000 | 348,921,000 | 347,479,000 | 382,897,000 |
| Allowance for loan losses | 7,099,000 | 7,082,000 | 6,868,000 | 7,089,000 |
| Securities available for sale | 87,552,000 | 84,954,000 | 81,300,000 | 81,841,000 |
| Securities held to maturity | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 431,756,000 | 424,565,000 | 415,740,000 | 423,132,000 |
| Interest-bearing deposits | 345,067,000 | 347,164,000 | 343,683,000 | 348,515,000 |
| Noninterest-bearing deposits | 86,689,000 | 77,401,000 | 72,057,000 | 74,617,000 |
| Equity capital | 38,429,000 | 38,883,000 | 38,550,000 | 40,895,000 |
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 | 5,574,000 | 11,250,000 | 16,934,000 | 22,918,000 |
| Interest expense | 1,137,000 | 2,243,000 | 3,589,000 | 5,389,000 |
| Net interest income | 4,437,000 | 9,007,000 | 13,345,000 | 17,529,000 |
| Noninterest income | 388,000 | 843,000 | 1,315,000 | 1,820,000 |
| Noninterest expense | 3,541,000 | 7,437,000 | 11,054,000 | 15,075,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,284,000 | 2,413,000 | 3,606,000 | 4,274,000 |
| Income tax | 318,000 | 586,000 | 891,000 | 1,101,000 |
| Net income | 966,000 | 1,827,000 | 2,715,000 | 3,173,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 47,626,000 | 48,487,000 | 49,375,000 | 49,833,000 |
| Total capital | 52,280,000 | 52,795,000 | 53,754,000 | 54,129,000 |
| Risk-weighted assets | 369,896,000 | 341,837,000 | 347,795,000 | 383,902,000 |