Call reports 2023
AMERICAN EXCHANGE BANK — 2023
What AMERICAN EXCHANGE 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 | 81,859,000 | 84,096,000 | 85,063,000 | 87,324,000 |
| Total loans | 64,231,000 | 66,100,000 | 67,837,000 | 69,969,000 |
| Allowance for loan losses | 849,000 | 870,000 | 881,000 | 887,000 |
| Securities available for sale | 6,793,000 | 6,650,000 | 6,365,000 | 6,506,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 72,594,000 | 74,700,000 | 75,495,000 | 77,235,000 |
| Interest-bearing deposits | 52,474,000 | 54,142,000 | 54,909,000 | 55,652,000 |
| Noninterest-bearing deposits | 20,120,000 | 20,558,000 | 20,586,000 | 21,583,000 |
| Equity capital | 8,394,000 | 8,518,000 | 8,666,000 | 9,145,000 |
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 | 1,016,000 | 2,126,000 | 3,316,000 | 4,610,000 |
| Interest expense | 115,000 | 301,000 | 535,000 | 784,000 |
| Net interest income | 901,000 | 1,825,000 | 2,781,000 | 3,826,000 |
| Noninterest income | 86,000 | 155,000 | 254,000 | 383,000 |
| Noninterest expense | 718,000 | 1,461,000 | 2,202,000 | 3,130,000 |
| Provision for loan losses | 30,000 | 44,000 | 49,000 | 50,000 |
| Pretax income | 239,000 | 475,000 | 784,000 | 1,015,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 239,000 | 475,000 | 784,000 | 1,015,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,077,000 | 9,230,000 | 9,539,000 | 9,770,000 |