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Call reports 2023

SHELBY STATE BANK, THE — 2023

What SHELBY STATE BANK, THE reported to the FFIEC in 2023, quarter by quarter.

PERIOD: 2023SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/cbf3a8c7-5353-42ec-939d-d32d5dffaa95/2023

Balance sheet

What the bank holds and owes at quarter end

Measure2023Q12023Q22023Q32023Q4
Total assets366,707,000369,214,000361,682,000364,572,000
Total loans196,887,000201,968,000197,963,000193,879,000
Allowance for loan losses2,436,0002,409,0002,404,0002,400,000
Securities available for sale146,941,000141,239,000139,620,000137,672,000
Securities held to maturity0000
Trading assets0000
Total deposits327,789,000328,596,000329,192,000318,764,000
Interest-bearing deposits217,403,000213,199,000210,196,000201,333,000
Noninterest-bearing deposits110,386,000115,397,000118,996,000117,431,000
Equity capital20,197,00018,765,00017,963,00022,576,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2023Q12023Q22023Q32023Q4
Interest income3,122,0006,384,0009,770,00013,106,000
Interest expense510,0001,254,0001,973,0002,730,000
Net interest income2,612,0005,130,0007,797,00010,376,000
Noninterest income926,0001,719,0002,486,0003,705,000
Noninterest expense2,967,0005,830,0008,733,00011,665,000
Provision for loan losses0-21,000-21,000-21,000
Pretax income519,000967,0001,498,0002,364,000
Income tax42,000108,000195,000264,000
Net income477,000859,0001,303,0002,100,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2023Q12023Q22023Q32023Q4
Tier 1 capital31,043,00031,177,00031,400,00031,978,000
Total capital33,479,00033,586,00033,804,00034,378,000
Risk-weighted assets238,533,000241,207,000238,051,000234,818,000