Call reports 2023
HERTFORD SAVINGS BANK, SSB — 2023
What HERTFORD SAVINGS BANK, SSB 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 | 15,214,000 | 15,989,000 | 16,433,000 | 16,582,000 |
| Total loans | 11,762,000 | 12,179,000 | 12,120,000 | 12,005,000 |
| Allowance for loan losses | 69,000 | 69,000 | 69,000 | 69,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 1,905,000 | 1,882,000 | 1,860,000 | 1,829,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 12,834,000 | 13,625,000 | 14,043,000 | 14,212,000 |
| Interest-bearing deposits | 11,645,000 | 12,516,000 | 12,830,000 | 12,913,000 |
| Noninterest-bearing deposits | 1,189,000 | 1,109,000 | 1,213,000 | 1,299,000 |
| Equity capital | 2,315,000 | 2,343,000 | 2,352,000 | 2,338,000 |
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 | 176,000 | 374,000 | 574,000 | 783,000 |
| Interest expense | 18,000 | 63,000 | 124,000 | 199,000 |
| Net interest income | 158,000 | 311,000 | 450,000 | 584,000 |
| Noninterest income | 2,000 | 3,000 | 6,000 | 9,000 |
| Noninterest expense | 147,000 | 268,000 | 397,000 | 543,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 14,000 | 46,000 | 59,000 | 50,000 |
| Income tax | 0 | 4,000 | 9,000 | 13,000 |
| Net income | 14,000 | 42,000 | 50,000 | 37,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,315,000 | 2,343,000 | 2,352,000 | 2,338,000 |