Call reports 2023
BEACON BUSINESS BANK, NATIONAL ASSOCIATION — 2023
What BEACON BUSINESS BANK, NATIONAL ASSOCIATION 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 | 158,264,000 | 165,243,000 | 183,792,000 | 165,611,000 |
| Total loans | 84,255,000 | 84,747,000 | 90,923,000 | 95,658,000 |
| Allowance for loan losses | 1,388,000 | 1,243,000 | 1,488,000 | 1,623,000 |
| Securities available for sale | 48,608,000 | 47,433,000 | 45,994,000 | 47,053,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 123,447,000 | 130,479,000 | 139,558,000 | 119,519,000 |
| Interest-bearing deposits | 86,789,000 | 84,464,000 | 89,820,000 | 78,387,000 |
| Noninterest-bearing deposits | 36,658,000 | 46,015,000 | 49,738,000 | 41,132,000 |
| Equity capital | 14,113,000 | 13,735,000 | 12,750,000 | 14,668,000 |
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 | 1,503,000 | 3,194,000 | 4,987,000 | 7,037,000 |
| Interest expense | 262,000 | 650,000 | 1,149,000 | 1,904,000 |
| Net interest income | 1,241,000 | 2,544,000 | 3,838,000 | 5,133,000 |
| Noninterest income | 74,000 | 172,000 | 292,000 | 391,000 |
| Noninterest expense | 1,382,000 | 2,730,000 | 4,070,000 | 5,311,000 |
| Provision for loan losses | -127,000 | -272,000 | -27,000 | 109,000 |
| Pretax income | 60,000 | 258,000 | 87,000 | 104,000 |
| Income tax | 2,000 | 5,000 | 7,000 | 9,000 |
| Net income | 58,000 | 253,000 | 80,000 | 95,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,665,000 | 19,861,000 | 19,691,000 | 19,706,000 |
| Total capital | 20,902,000 | 21,106,000 | 20,962,000 | 21,013,000 |
| Risk-weighted assets | 98,772,000 | 99,554,000 | 101,401,000 | 104,186,000 |