Call reports 2023
JERSEY STATE BANK — 2023
What JERSEY STATE 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 | 174,039,000 | 172,564,000 | 183,940,000 | 170,875,000 |
| Total loans | 73,078,000 | 74,867,000 | 76,724,000 | 76,203,000 |
| Allowance for loan losses | 959,000 | 990,000 | 1,021,000 | 1,052,000 |
| Securities available for sale | 84,794,000 | 82,517,000 | 78,844,000 | 80,022,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 154,750,000 | 153,794,000 | 167,368,000 | 150,088,000 |
| Interest-bearing deposits | 116,250,000 | 114,835,000 | 131,949,000 | 114,902,000 |
| Noninterest-bearing deposits | 38,501,000 | 38,959,000 | 35,419,000 | 35,186,000 |
| Equity capital | 16,585,000 | 15,856,000 | 13,896,000 | 17,524,000 |
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 | 1,399,000 | 2,939,000 | 4,593,000 | 6,355,000 |
| Interest expense | 181,000 | 445,000 | 769,000 | 1,184,000 |
| Net interest income | 1,218,000 | 2,494,000 | 3,824,000 | 5,171,000 |
| Noninterest income | 244,000 | 443,000 | 647,000 | 865,000 |
| Noninterest expense | 917,000 | 1,879,000 | 2,891,000 | 3,909,000 |
| Provision for loan losses | 18,000 | 48,000 | 79,000 | 161,000 |
| Pretax income | 531,000 | 1,017,000 | 1,465,000 | 1,941,000 |
| Income tax | 86,000 | 165,000 | 228,000 | 309,000 |
| Net income | 445,000 | 852,000 | 1,237,000 | 1,632,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,198,000 | 24,294,000 | 24,679,000 | 24,727,000 |