Call reports 2023
FIRST PORT CITY BANK — 2023
What FIRST PORT CITY BANK 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 | 438,849,000 | 436,557,000 | 468,263,000 | 484,628,000 |
| Total loans | 332,631,000 | 344,698,000 | 373,168,000 | 396,370,000 |
| Allowance for loan losses | 4,616,000 | 4,739,000 | 5,158,000 | 5,367,000 |
| Securities available for sale | 49,311,000 | 48,089,000 | 45,426,000 | 45,226,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 396,109,000 | 392,986,000 | 424,525,000 | 438,592,000 |
| Interest-bearing deposits | 306,117,000 | 305,901,000 | 315,692,000 | 339,175,000 |
| Noninterest-bearing deposits | 89,992,000 | 87,085,000 | 108,833,000 | 99,417,000 |
| Equity capital | 40,471,000 | 40,816,000 | 40,487,000 | 42,985,000 |
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 | 5,580,000 | 11,579,000 | 18,240,000 | 25,376,000 |
| Interest expense | 1,602,000 | 3,588,000 | 5,882,000 | 8,575,000 |
| Net interest income | 3,978,000 | 7,991,000 | 12,358,000 | 16,801,000 |
| Noninterest income | 760,000 | 1,384,000 | 1,805,000 | 2,261,000 |
| Noninterest expense | 3,455,000 | 6,668,000 | 10,133,000 | 13,565,000 |
| Provision for loan losses | 29,000 | 149,000 | 565,000 | 805,000 |
| Pretax income | 1,153,000 | 2,457,000 | 3,372,000 | 4,599,000 |
| Income tax | 229,000 | 603,000 | 809,000 | 936,000 |
| Net income | 924,000 | 1,854,000 | 2,563,000 | 3,663,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 44,522,000 | 45,292,000 | 45,843,000 | 46,782,000 |
| Total capital | 48,578,000 | 49,463,000 | 50,386,000 | 51,569,000 |
| Risk-weighted assets | 323,853,000 | 333,071,000 | 362,777,000 | 382,291,000 |