Call reports 2023
NORTHEAST COMMUNITY BANK — 2023
What NORTHEAST COMMUNITY 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 | 1,480,115,000 | 1,600,080,000 | 1,704,030,000 | 1,748,132,000 |
| Total loans | 1,300,407,000 | 1,379,570,000 | 1,493,750,000 | 1,572,747,000 |
| Allowance for loan losses | 4,037,000 | 4,372,000 | 4,739,000 | 5,064,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 26,244,000 | 15,912,000 | 15,655,000 | 15,997,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,212,545,000 | 1,320,883,000 | 1,371,287,000 | 1,404,480,000 |
| Interest-bearing deposits | 877,820,000 | 986,580,000 | 1,056,444,000 | 1,099,852,000 |
| Noninterest-bearing deposits | 334,725,000 | 334,303,000 | 314,843,000 | 304,628,000 |
| Equity capital | 232,216,000 | 243,718,000 | 245,976,000 | 254,654,000 |
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 | 28,098,000 | 59,426,000 | 94,205,000 | 130,938,000 |
| Interest expense | 5,756,000 | 13,536,000 | 23,627,000 | 35,630,000 |
| Net interest income | 22,342,000 | 45,890,000 | 70,578,000 | 95,308,000 |
| Noninterest income | 890,000 | 2,033,000 | 2,684,000 | 3,448,000 |
| Noninterest expense | 7,651,000 | 15,902,000 | 24,282,000 | 32,922,000 |
| Provision for loan losses | 197,000 | 725,000 | 1,163,000 | 1,515,000 |
| Pretax income | 15,805,000 | 31,512,000 | 47,886,000 | 65,156,000 |
| Income tax | 4,530,000 | 9,035,000 | 13,499,000 | 18,584,000 |
| Net income | 11,275,000 | 22,477,000 | 34,387,000 | 46,572,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 231,853,000 | 238,291,000 | 239,511,000 | 249,013,000 |
| Total capital | 237,412,000 | 244,267,000 | 245,571,000 | 255,252,000 |
| Risk-weighted assets | 1,682,563,000 | 1,746,386,000 | 1,819,565,000 | 1,901,208,000 |