Call reports 2023
SULLIVAN BANK — 2023
What SULLIVAN 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 | 1,051,069,000 | 1,066,873,000 | 1,054,656,000 | 989,522,000 |
| Total loans | 868,266,000 | 887,634,000 | 894,365,000 | 899,421,000 |
| Allowance for loan losses | 9,615,000 | 10,367,000 | 10,581,000 | 10,838,000 |
| Securities available for sale | 42,775,000 | 43,814,000 | 42,235,000 | 43,962,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 868,415,000 | 934,896,000 | 943,921,000 | 870,298,000 |
| Interest-bearing deposits | 771,529,000 | 836,047,000 | 843,142,000 | 777,872,000 |
| Noninterest-bearing deposits | 96,886,000 | 98,849,000 | 100,779,000 | 92,426,000 |
| Equity capital | 82,682,000 | 83,782,000 | 85,430,000 | 89,212,000 |
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 | 11,264,000 | 24,978,000 | 39,291,000 | 54,070,000 |
| Interest expense | 4,071,000 | 9,939,000 | 16,013,000 | 22,409,000 |
| Net interest income | 7,193,000 | 15,039,000 | 23,278,000 | 31,661,000 |
| Noninterest income | 1,126,000 | 2,279,000 | 3,313,000 | 4,391,000 |
| Noninterest expense | 4,480,000 | 9,074,000 | 13,686,000 | 18,656,000 |
| Provision for loan losses | 306,000 | 2,690,000 | 2,990,000 | 3,290,000 |
| Pretax income | 3,932,000 | 6,790,000 | 11,052,000 | 15,368,000 |
| Income tax | 815,000 | 1,427,000 | 2,320,000 | 3,241,000 |
| Net income | 3,117,000 | 5,363,000 | 8,732,000 | 12,127,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 83,291,000 | 84,781,000 | 87,041,000 | 90,180,000 |
| Total capital | 93,324,000 | 94,748,000 | 96,988,000 | 100,005,000 |
| Risk-weighted assets | 801,121,000 | 795,820,000 | 793,959,000 | 783,943,000 |