Call reports 2023
IOWA STATE BANK AND TRUST COMPANY — 2023
What IOWA STATE BANK AND TRUST COMPANY 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 | 221,635,000 | 230,323,000 | 239,267,000 | 245,140,000 |
| Total loans | 166,486,000 | 179,304,000 | 183,032,000 | 190,591,000 |
| Allowance for loan losses | 1,835,000 | 1,851,000 | 1,859,000 | 1,904,000 |
| Securities available for sale | 15,272,000 | 17,291,000 | 18,720,000 | 20,243,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 189,201,000 | 190,034,000 | 198,251,000 | 194,655,000 |
| Interest-bearing deposits | 142,903,000 | 138,207,000 | 152,798,000 | 140,922,000 |
| Noninterest-bearing deposits | 46,298,000 | 51,827,000 | 45,453,000 | 53,733,000 |
| Equity capital | 16,621,000 | 16,700,000 | 19,686,000 | 20,123,000 |
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 | 2,242,000 | 4,893,000 | 7,847,000 | 11,011,000 |
| Interest expense | 807,000 | 1,857,000 | 3,187,000 | 4,625,000 |
| Net interest income | 1,435,000 | 3,036,000 | 4,660,000 | 6,386,000 |
| Noninterest income | 78,000 | 213,000 | 327,000 | 450,000 |
| Noninterest expense | 1,686,000 | 2,906,000 | 4,061,000 | 5,344,000 |
| Provision for loan losses | 0 | 15,000 | 44,000 | 89,000 |
| Pretax income | -225,000 | 276,000 | 830,000 | 1,350,000 |
| Income tax | -65,000 | 52,000 | 182,000 | 300,000 |
| Net income | -160,000 | 224,000 | 648,000 | 1,050,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,166,000 | 17,394,000 | 20,577,000 | 20,568,000 |
| Total capital | 18,812,000 | 19,055,000 | 22,267,000 | 22,304,000 |
| Risk-weighted assets | 166,320,000 | 182,440,000 | 185,139,000 | 186,788,000 |