Call reports 2023
FREMONT BANK — 2023
What FREMONT 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 | 5,462,851,000 | 5,411,560,000 | 5,682,292,000 | 5,606,096,000 |
| Total loans | 4,534,141,000 | 4,487,869,000 | 4,429,669,000 | 4,508,121,000 |
| Allowance for loan losses | 60,488,000 | 62,538,000 | 64,213,000 | 64,874,000 |
| Securities available for sale | 549,332,000 | 528,408,000 | 506,491,000 | 506,854,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 4,734,898,000 | 4,824,541,000 | 5,088,326,000 | 5,001,619,000 |
| Interest-bearing deposits | 2,811,353,000 | 3,036,056,000 | 3,306,200,000 | 3,318,676,000 |
| Noninterest-bearing deposits | 1,923,545,000 | 1,788,485,000 | 1,782,126,000 | 1,682,943,000 |
| Equity capital | 382,245,000 | 394,384,000 | 402,723,000 | 412,915,000 |
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 | 65,315,000 | 134,363,000 | 207,630,000 | 283,682,000 |
| Interest expense | 13,035,000 | 32,874,000 | 55,549,000 | 80,128,000 |
| Net interest income | 52,280,000 | 101,489,000 | 152,081,000 | 203,554,000 |
| Noninterest income | 9,911,000 | 28,717,000 | 53,905,000 | 62,305,000 |
| Noninterest expense | 43,874,000 | 89,850,000 | 136,302,000 | 184,122,000 |
| Provision for loan losses | -307,000 | 1,215,000 | 2,738,000 | 4,263,000 |
| Pretax income | 16,970,000 | 37,550,000 | 65,108,000 | 76,318,000 |
| Income tax | 609,000 | 1,085,000 | 2,027,000 | 2,436,000 |
| Net income | 16,361,000 | 36,465,000 | 63,081,000 | 73,882,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 430,839,000 | 446,870,000 | 460,106,000 | 455,910,000 |
| Total capital | 485,242,000 | 500,839,000 | 513,619,000 | 510,004,000 |
| Risk-weighted assets | 4,340,619,000 | 4,305,461,000 | 4,266,943,000 | 4,313,491,000 |