Call reports 2023
WEST ALABAMA BANK & TRUST — 2023
What WEST ALABAMA BANK & TRUST 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 | 845,055,000 | 857,603,000 | 881,130,000 | 946,400,000 |
| Total loans | 474,292,000 | 504,152,000 | 522,514,000 | 539,568,000 |
| Allowance for loan losses | 5,244,000 | 5,300,000 | 5,355,000 | 5,577,000 |
| Securities available for sale | 258,903,000 | 239,300,000 | 235,367,000 | 243,812,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 721,504,000 | 714,368,000 | 742,735,000 | 796,125,000 |
| Interest-bearing deposits | 507,151,000 | 500,366,000 | 534,326,000 | 530,671,000 |
| Noninterest-bearing deposits | 214,353,000 | 214,002,000 | 208,409,000 | 265,454,000 |
| Equity capital | 69,637,000 | 66,992,000 | 62,090,000 | 72,251,000 |
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 | 8,466,000 | 17,526,000 | 27,482,000 | 38,011,000 |
| Interest expense | 2,129,000 | 5,131,000 | 9,051,000 | 13,574,000 |
| Net interest income | 6,337,000 | 12,395,000 | 18,431,000 | 24,437,000 |
| Noninterest income | 1,396,000 | 2,718,000 | 4,109,000 | 5,842,000 |
| Noninterest expense | 4,599,000 | 9,271,000 | 13,892,000 | 19,154,000 |
| Provision for loan losses | 100,000 | 150,000 | 375,000 | 690,000 |
| Pretax income | 3,034,000 | 5,457,000 | 8,038,000 | 10,200,000 |
| Income tax | 642,000 | 1,156,000 | 1,707,000 | 2,194,000 |
| Net income | 2,392,000 | 4,301,000 | 6,331,000 | 8,006,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 96,492,000 | 97,153,000 | 99,183,000 | 99,229,000 |