FACTANKER · measured, cited, anchored official records connected

Call reports 2023

BANK OF THE JAMES — 2023

What BANK OF THE JAMES reported to the FFIEC in 2023, quarter by quarter.

PERIOD: 2023SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/d561f6e8-6c3a-46bb-9955-140cdaef2b75/2023

Balance sheet

What the bank holds and owes at quarter end

Measure2023Q12023Q22023Q32023Q4
Total assets938,374,000941,224,000951,681,000959,707,000
Total loans627,100,000624,164,000610,230,000610,591,000
Allowance for loan losses7,715,0007,586,0007,320,0007,412,000
Securities available for sale189,588,000186,626,000181,979,000216,511,000
Securities held to maturity3,634,0003,630,0003,626,0003,622,000
Trading assets0000
Total deposits867,646,000869,733,000882,732,000880,710,000
Interest-bearing deposits713,608,000715,832,000725,575,000735,935,000
Noninterest-bearing deposits154,038,000153,901,000157,157,000144,775,000
Equity capital59,958,00061,094,00058,532,00068,425,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2023Q12023Q22023Q32023Q4
Interest income9,098,00018,727,00028,869,00039,500,000
Interest expense1,251,0003,289,0005,865,0008,811,000
Net interest income7,847,00015,438,00023,004,00030,689,000
Noninterest income2,073,0004,464,0006,632,0008,785,000
Noninterest expense7,483,00014,721,00022,441,00030,115,000
Provision for loan losses140,000-58,000-189,000-65,000
Pretax income2,297,0005,295,0007,472,0009,538,000
Income tax451,0001,048,0001,473,0001,808,000
Net income1,846,0004,247,0005,999,0007,730,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2023Q12023Q22023Q32023Q4
Tier 1 capital85,355,00087,756,00089,509,00091,239,000
Total capital93,070,00095,342,00096,829,00098,651,000
Risk-weighted assets758,351,000748,857,000738,831,000737,505,000