Call reports 2023
CLASSIC CITY BANK — 2023
What CLASSIC 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 | 197,837,000 | 205,814,000 | 204,383,000 | 206,038,000 |
| Total loans | 132,314,000 | 134,181,000 | 136,090,000 | 131,695,000 |
| Allowance for loan losses | 1,336,000 | 1,373,000 | 1,422,000 | 1,431,000 |
| Securities available for sale | 38,649,000 | 30,731,000 | 27,987,000 | 24,727,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 176,566,000 | 184,187,000 | 181,888,000 | 182,572,000 |
| Interest-bearing deposits | 115,005,000 | 103,035,000 | 106,450,000 | 102,933,000 |
| Noninterest-bearing deposits | 61,561,000 | 81,152,000 | 75,438,000 | 79,639,000 |
| Equity capital | 18,710,000 | 19,116,000 | 19,846,000 | 21,212,000 |
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 | 1,932,000 | 4,045,000 | 6,424,000 | 9,012,000 |
| Interest expense | 390,000 | 812,000 | 1,225,000 | 1,681,000 |
| Net interest income | 1,542,000 | 3,233,000 | 5,199,000 | 7,331,000 |
| Noninterest income | 57,000 | 153,000 | 234,000 | 323,000 |
| Noninterest expense | 891,000 | 1,859,000 | 2,802,000 | 3,797,000 |
| Provision for loan losses | 44,000 | 81,000 | 130,000 | 140,000 |
| Pretax income | 664,000 | 1,431,000 | 2,202,000 | 2,761,000 |
| Income tax | 166,000 | 358,000 | 550,000 | 651,000 |
| Net income | 498,000 | 1,073,000 | 1,652,000 | 2,110,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,396,000 | 21,002,000 | 21,609,000 | 22,094,000 |