Call reports 2023
SMARTBANK — 2023
What SMARTBANK 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 | 4,769,785,000 | 4,739,372,000 | 4,790,143,000 | 4,821,495,000 |
| Total loans | 3,285,110,000 | 3,338,776,000 | 3,381,733,000 | 3,448,880,000 |
| Allowance for loan losses | 32,278,000 | 32,747,000 | 33,687,000 | 35,066,000 |
| Securities available for sale | 560,418,000 | 540,308,000 | 385,131,000 | 408,410,000 |
| Securities held to maturity | 284,776,000 | 283,564,000 | 282,313,000 | 281,236,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 4,235,203,000 | 4,207,030,000 | 4,253,401,000 | 4,270,650,000 |
| Interest-bearing deposits | 3,239,793,000 | 3,196,153,000 | 3,322,745,000 | 3,369,810,000 |
| Noninterest-bearing deposits | 995,410,000 | 1,010,877,000 | 930,656,000 | 900,840,000 |
| Equity capital | 488,369,000 | 487,287,000 | 486,511,000 | 501,650,000 |
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 | 53,178,000 | 105,273,000 | 160,548,000 | 218,043,000 |
| Interest expense | 16,347,000 | 36,004,000 | 59,438,000 | 84,366,000 |
| Net interest income | 36,831,000 | 69,269,000 | 101,110,000 | 133,677,000 |
| Noninterest income | 6,925,000 | 14,055,000 | 21,535,000 | 29,048,000 |
| Noninterest expense | 27,365,000 | 54,525,000 | 82,804,000 | 112,135,000 |
| Provision for loan losses | 550,000 | 970,000 | 2,253,000 | 3,754,000 |
| Pretax income | 15,841,000 | 28,136,000 | 31,582,000 | 40,760,000 |
| Income tax | 3,564,000 | 5,911,000 | 6,230,000 | 8,692,000 |
| Net income | 12,277,000 | 22,225,000 | 25,352,000 | 32,068,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 415,309,000 | 421,213,000 | 420,130,000 | 427,559,000 |
| Total capital | 441,097,000 | 447,469,000 | 447,326,000 | 456,134,000 |
| Risk-weighted assets | 3,723,163,000 | 3,737,481,000 | 3,769,220,000 | 3,796,002,000 |