FACTANKER · measured, cited, anchored official records connected

Call reports 2023

MEADOWS BANK — 2023

What MEADOWS BANK reported to the FFIEC in 2023, quarter by quarter.

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

Cite: FACTANKER, https://factanker.com/entity/cea7bf49-62a4-4ff0-9027-3fa2c83f5cca/2023

Balance sheet

What the bank holds and owes at quarter end

Measure2023Q12023Q22023Q32023Q4
Total assets1,149,687,0001,163,047,0001,177,726,0001,209,800,000
Total loans1,013,233,0001,050,011,0001,058,432,0001,091,454,000
Allowance for loan losses13,360,00013,562,00013,989,00013,991,000
Securities available for sale43,042,00041,441,00036,162,00031,006,000
Securities held to maturity7,261,0007,172,0007,344,0006,943,000
Trading assets0000
Total deposits986,534,000966,812,000973,503,000998,346,000
Interest-bearing deposits494,523,000522,057,000538,982,000585,253,000
Noninterest-bearing deposits492,012,000444,755,000434,521,000413,093,000
Equity capital150,337,000155,581,000162,792,000169,316,000

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 income17,312,00034,674,00055,433,00074,683,000
Interest expense1,885,0004,776,0008,821,00013,665,000
Net interest income15,427,00029,898,00046,612,00061,018,000
Noninterest income593,0001,732,0002,500,0003,277,000
Noninterest expense7,612,00015,367,00022,893,00030,480,000
Provision for loan losses244,000542,000817,000817,000
Pretax income8,164,00015,686,00025,268,00032,864,000
Income tax1,796,0003,451,0005,554,0007,128,000
Net income6,368,00012,235,00019,714,00025,736,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2023Q12023Q22023Q32023Q4
Tier 1 capital151,481,000157,355,000164,895,000170,994,000