Call reports 2023
FIRST BANK OF BANCROFT — 2023
What FIRST BANK OF BANCROFT 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 | 27,878,000 | 27,003,000 | 29,291,000 | 30,521,000 |
| Total loans | 10,610,000 | 10,511,000 | 11,926,000 | 14,080,000 |
| Allowance for loan losses | 191,000 | 193,000 | 194,000 | 195,000 |
| Securities available for sale | 12,709,000 | 12,455,000 | 12,169,000 | 11,915,000 |
| Securities held to maturity | 334,000 | 334,000 | 334,000 | 334,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 24,715,000 | 23,912,000 | 25,692,000 | 25,744,000 |
| Interest-bearing deposits | 18,156,000 | 18,802,000 | 20,683,000 | 20,130,000 |
| Noninterest-bearing deposits | 6,559,000 | 5,110,000 | 5,009,000 | 5,614,000 |
| Equity capital | 3,132,000 | 3,046,000 | 3,027,000 | 3,278,000 |
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 | 221,000 | 441,000 | 672,000 | 939,000 |
| Interest expense | 46,000 | 98,000 | 182,000 | 319,000 |
| Net interest income | 175,000 | 343,000 | 490,000 | 620,000 |
| Noninterest income | 11,000 | 20,000 | 31,000 | 40,000 |
| Noninterest expense | 136,000 | 283,000 | 425,000 | 585,000 |
| Provision for loan losses | -4,000 | -4,000 | -4,000 | -4,000 |
| Pretax income | 21,000 | 52,000 | 68,000 | 47,000 |
| Income tax | 1,000 | 5,000 | 5,000 | -8,000 |
| Net income | 20,000 | 47,000 | 63,000 | 55,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,049,000 | 4,076,000 | 4,093,000 | 4,034,000 |