Call reports 2023
FIRST STATE BANK OF MIDDLEBURY — 2023
What FIRST STATE BANK OF MIDDLEBURY 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 | 740,190,000 | 756,383,000 | 752,523,000 | 781,475,000 |
| Total loans | 534,351,000 | 552,328,000 | 561,316,000 | 585,650,000 |
| Allowance for loan losses | 7,376,000 | 7,490,000 | 7,809,000 | 7,539,000 |
| Securities available for sale | 161,128,000 | 153,995,000 | 144,354,000 | 153,975,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 612,010,000 | 613,248,000 | 613,308,000 | 607,094,000 |
| Interest-bearing deposits | 455,647,000 | 465,012,000 | 467,453,000 | 469,781,000 |
| Noninterest-bearing deposits | 156,363,000 | 148,236,000 | 145,855,000 | 137,313,000 |
| Equity capital | 68,358,000 | 68,455,000 | 62,614,000 | 72,743,000 |
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 | 8,318,000 | 17,225,000 | 26,601,000 | 36,480,000 |
| Interest expense | 1,377,000 | 3,418,000 | 6,075,000 | 9,310,000 |
| Net interest income | 6,941,000 | 13,807,000 | 20,526,000 | 27,170,000 |
| Noninterest income | 973,000 | 2,021,000 | 3,128,000 | 4,254,000 |
| Noninterest expense | 4,806,000 | 9,848,000 | 14,620,000 | 19,425,000 |
| Provision for loan losses | 210,000 | 286,000 | 547,000 | 561,000 |
| Pretax income | 2,932,000 | 5,729,000 | 8,522,000 | 11,323,000 |
| Income tax | 455,000 | 887,000 | 1,331,000 | 1,992,000 |
| Net income | 2,477,000 | 4,842,000 | 7,191,000 | 9,331,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 89,706,000 | 91,371,000 | 91,770,000 | 92,910,000 |
| Total capital | 96,899,000 | 98,759,000 | 99,239,000 | 100,586,000 |
| Risk-weighted assets | 574,823,000 | 590,543,000 | 596,757,000 | 613,671,000 |