Call reports 2023
LIBERTY BANK MINNESOTA — 2023
What LIBERTY BANK MINNESOTA 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 | 292,244,000 | 273,457,000 | 271,130,000 | 269,999,000 |
| Total loans | 118,831,000 | 127,767,000 | 133,930,000 | 134,130,000 |
| Allowance for loan losses | 1,351,000 | 1,351,000 | 1,331,000 | 1,389,000 |
| Securities available for sale | 113,744,000 | 107,880,000 | 101,088,000 | 102,747,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 270,930,000 | 253,936,000 | 250,696,000 | 241,666,000 |
| Interest-bearing deposits | 214,592,000 | 203,769,000 | 200,218,000 | 195,363,000 |
| Noninterest-bearing deposits | 56,338,000 | 50,167,000 | 50,478,000 | 46,303,000 |
| Equity capital | 20,371,000 | 18,612,000 | 16,098,000 | 20,872,000 |
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 | 2,094,000 | 4,252,000 | 6,401,000 | 8,610,000 |
| Interest expense | 102,000 | 274,000 | 539,000 | 975,000 |
| Net interest income | 1,992,000 | 3,978,000 | 5,862,000 | 7,635,000 |
| Noninterest income | 852,000 | 1,820,000 | 3,058,000 | 4,043,000 |
| Noninterest expense | 2,075,000 | 4,181,000 | 6,320,000 | 8,471,000 |
| Provision for loan losses | 0 | 0 | 0 | 25,000 |
| Pretax income | 769,000 | 1,617,000 | 2,600,000 | 3,182,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 769,000 | 1,617,000 | 2,600,000 | 3,182,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,401,000 | 36,931,000 | 37,611,000 | 37,951,000 |
| Total capital | 37,752,000 | 38,282,000 | 38,942,000 | 39,385,000 |
| Risk-weighted assets | 143,445,000 | 144,778,000 | 148,443,000 | 148,913,000 |