Call reports 2023
FRANKLIN STATE BANK & TRUST COMPANY — 2023
What FRANKLIN STATE BANK & TRUST COMPANY 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 | 211,242,000 | 212,254,000 | 209,275,000 | 217,599,000 |
| Total loans | 111,642,000 | 127,562,000 | 115,453,000 | 103,794,000 |
| Allowance for loan losses | 1,509,000 | 1,908,000 | 1,850,000 | 1,611,000 |
| Securities available for sale | 26,140,000 | 25,153,000 | 23,308,000 | 25,651,000 |
| Securities held to maturity | 10,780,000 | 11,718,000 | 13,723,000 | 19,396,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 191,596,000 | 187,399,000 | 182,527,000 | 195,024,000 |
| Interest-bearing deposits | 127,920,000 | 121,781,000 | 119,657,000 | 129,609,000 |
| Noninterest-bearing deposits | 63,676,000 | 65,618,000 | 62,870,000 | 65,415,000 |
| Equity capital | 18,836,000 | 23,730,000 | 25,206,000 | 21,415,000 |
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 | 2,680,000 | 5,482,000 | 8,337,000 | 11,212,000 |
| Interest expense | 333,000 | 782,000 | 1,347,000 | 2,003,000 |
| Net interest income | 2,347,000 | 4,700,000 | 6,990,000 | 9,209,000 |
| Noninterest income | 245,000 | 5,437,000 | 5,668,000 | 6,332,000 |
| Noninterest expense | 1,432,000 | 3,482,000 | 4,951,000 | 7,013,000 |
| Provision for loan losses | 0 | 400,000 | 400,000 | 500,000 |
| Pretax income | 1,160,000 | 6,255,000 | 7,307,000 | 8,028,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,160,000 | 6,255,000 | 7,307,000 | 8,028,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,970,000 | 24,915,000 | 26,299,000 | 22,187,000 |
| Total capital | 21,235,000 | 26,372,000 | 27,628,000 | 23,416,000 |
| Risk-weighted assets | 100,967,000 | 116,106,000 | 105,774,000 | 97,956,000 |