Call reports 2023
FIRST SENTINEL BANK — 2023
What FIRST SENTINEL 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 | 374,123,000 | 391,242,000 | 394,111,000 | 396,832,000 |
| Total loans | 318,609,000 | 331,166,000 | 326,299,000 | 325,682,000 |
| Allowance for loan losses | 4,145,000 | 4,207,000 | 4,091,000 | 3,982,000 |
| Securities available for sale | 2,448,000 | 2,361,000 | 2,302,000 | 2,346,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 332,790,000 | 343,055,000 | 352,194,000 | 353,956,000 |
| Interest-bearing deposits | 236,487,000 | 285,618,000 | 293,087,000 | 290,880,000 |
| Noninterest-bearing deposits | 96,303,000 | 57,437,000 | 59,107,000 | 63,076,000 |
| Equity capital | 33,124,000 | 33,880,000 | 33,958,000 | 35,028,000 |
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 | 4,307,000 | 9,134,000 | 14,394,000 | 19,874,000 |
| Interest expense | 1,041,000 | 2,556,000 | 4,529,000 | 6,623,000 |
| Net interest income | 3,266,000 | 6,578,000 | 9,865,000 | 13,251,000 |
| Noninterest income | 784,000 | 1,289,000 | 1,598,000 | 2,186,000 |
| Noninterest expense | 2,727,000 | 5,260,000 | 8,027,000 | 10,668,000 |
| Provision for loan losses | 176,000 | 407,000 | 634,000 | 680,000 |
| Pretax income | 1,147,000 | 2,200,000 | 3,049,000 | 4,336,000 |
| Income tax | 257,000 | 499,000 | 698,000 | 961,000 |
| Net income | 890,000 | 1,701,000 | 2,351,000 | 3,375,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,298,000 | 34,079,000 | 34,178,000 | 35,204,000 |
| Total capital | 36,982,000 | 37,995,000 | 38,032,000 | 39,044,000 |
| Risk-weighted assets | 294,269,000 | 312,963,000 | 308,115,000 | 307,068,000 |