Call reports 2023
FAIRFAX STATE SAVINGS BANK — 2023
What FAIRFAX STATE SAVINGS 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 | 248,288,000 | 249,290,000 | 243,602,000 | 267,719,000 |
| Total loans | 135,946,000 | 139,073,000 | 145,290,000 | 146,526,000 |
| Allowance for loan losses | 1,772,000 | 1,792,000 | 1,824,000 | 1,962,000 |
| Securities available for sale | 88,454,000 | 88,897,000 | 81,067,000 | 85,592,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 206,593,000 | 207,861,000 | 202,108,000 | 202,786,000 |
| Interest-bearing deposits | 166,038,000 | 179,566,000 | 164,155,000 | 163,959,000 |
| Noninterest-bearing deposits | 40,555,000 | 28,295,000 | 37,953,000 | 38,827,000 |
| Equity capital | 10,874,000 | 10,281,000 | 6,864,000 | 13,599,000 |
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 | 2,149,000 | 4,552,000 | 7,039,000 | 9,736,000 |
| Interest expense | 769,000 | 1,874,000 | 3,143,000 | 4,629,000 |
| Net interest income | 1,380,000 | 2,678,000 | 3,896,000 | 5,107,000 |
| Noninterest income | 142,000 | 348,000 | 492,000 | 1,499,000 |
| Noninterest expense | 1,200,000 | 2,438,000 | 3,620,000 | 4,855,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 301,000 | 553,000 | 711,000 | 1,655,000 |
| Income tax | 14,000 | 25,000 | 32,000 | 24,000 |
| Net income | 287,000 | 528,000 | 679,000 | 1,631,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,555,000 | 23,797,000 | 24,689,000 | 25,941,000 |