Call reports 2023
HOMESTEAD BANK — 2023
What HOMESTEAD 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 | 501,754,000 | 511,612,000 | 495,271,000 | 512,713,000 |
| Total loans | 306,001,000 | 319,646,000 | 307,929,000 | 329,576,000 |
| Allowance for loan losses | 3,695,000 | 3,699,000 | 3,697,000 | 3,700,000 |
| Securities available for sale | 162,595,000 | 156,921,000 | 151,755,000 | 144,366,000 |
| Securities held to maturity | 65,000 | 65,000 | 65,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 383,494,000 | 369,013,000 | 362,364,000 | 367,608,000 |
| Interest-bearing deposits | 286,384,000 | 280,844,000 | 274,232,000 | 273,993,000 |
| Noninterest-bearing deposits | 97,110,000 | 88,169,000 | 88,132,000 | 93,615,000 |
| Equity capital | 69,580,000 | 69,679,000 | 70,022,000 | 74,888,000 |
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 | 5,129,000 | 10,656,000 | 16,370,000 | 22,222,000 |
| Interest expense | 748,000 | 2,167,000 | 3,926,000 | 5,763,000 |
| Net interest income | 4,381,000 | 8,489,000 | 12,444,000 | 16,459,000 |
| Noninterest income | 650,000 | 1,332,000 | 2,103,000 | 2,848,000 |
| Noninterest expense | 2,756,000 | 5,488,000 | 8,529,000 | 11,716,000 |
| Provision for loan losses | 0 | 2,000 | 1,000 | 2,000 |
| Pretax income | 2,281,000 | 4,340,000 | 6,029,000 | 7,609,000 |
| Income tax | 457,000 | 867,000 | 1,202,000 | 1,514,000 |
| Net income | 1,824,000 | 3,473,000 | 4,827,000 | 6,095,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 76,416,000 | 77,997,000 | 79,284,000 | 80,471,000 |