Call reports 2023
LOGAN COUNTY BANK — 2023
What LOGAN COUNTY 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 | 102,847,000 | 103,069,000 | 102,874,000 | 107,557,000 |
| Total loans | 52,379,000 | 54,482,000 | 57,587,000 | 59,159,000 |
| Allowance for loan losses | 598,000 | 605,000 | 610,000 | 655,000 |
| Securities available for sale | 38,673,000 | 36,713,000 | 35,961,000 | 36,598,000 |
| Securities held to maturity | 1,979,000 | 1,979,000 | 1,979,000 | 1,979,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 86,075,000 | 86,484,000 | 86,548,000 | 90,347,000 |
| Interest-bearing deposits | 65,682,000 | 64,383,000 | 65,329,000 | 70,141,000 |
| Noninterest-bearing deposits | 20,393,000 | 22,101,000 | 21,219,000 | 20,206,000 |
| Equity capital | 16,656,000 | 16,485,000 | 16,210,000 | 17,084,000 |
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 | 872,000 | 1,753,000 | 2,700,000 | 3,725,000 |
| Interest expense | 281,000 | 582,000 | 916,000 | 1,391,000 |
| Net interest income | 591,000 | 1,171,000 | 1,784,000 | 2,334,000 |
| Noninterest income | 33,000 | 68,000 | 98,000 | 134,000 |
| Noninterest expense | 417,000 | 853,000 | 1,312,000 | 1,776,000 |
| Provision for loan losses | 6,000 | 23,000 | 59,000 | 129,000 |
| Pretax income | 201,000 | 363,000 | 511,000 | 563,000 |
| Income tax | 29,000 | 60,000 | 93,000 | 60,000 |
| Net income | 172,000 | 303,000 | 418,000 | 503,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,841,000 | 18,912,000 | 18,967,000 | 18,992,000 |
| Total capital | 19,439,000 | 19,517,000 | 19,577,000 | 19,647,000 |
| Risk-weighted assets | 55,996,000 | 58,378,000 | 60,884,000 | 61,945,000 |