Call reports 2023
FIRST SOUND BANK — 2023
What FIRST SOUND 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 | 174,741,000 | 158,984,000 | 160,864,000 | 161,167,000 |
| Total loans | 143,340,000 | 142,874,000 | 138,167,000 | 137,412,000 |
| Allowance for loan losses | 1,636,000 | 1,637,000 | 1,637,000 | 1,638,000 |
| Securities available for sale | 7,804,000 | 7,648,000 | 7,449,000 | 7,607,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 152,210,000 | 114,075,000 | 122,107,000 | 120,315,000 |
| Interest-bearing deposits | 109,484,000 | 62,082,000 | 68,281,000 | 65,962,000 |
| Noninterest-bearing deposits | 42,726,000 | 51,993,000 | 53,826,000 | 54,353,000 |
| Equity capital | 14,951,000 | 14,994,000 | 14,996,000 | 15,090,000 |
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 | 1,997,000 | 4,049,000 | 6,067,000 | 8,193,000 |
| Interest expense | 726,000 | 1,541,000 | 2,496,000 | 3,448,000 |
| Net interest income | 1,271,000 | 2,508,000 | 3,571,000 | 4,745,000 |
| Noninterest income | 86,000 | 173,000 | 355,000 | 487,000 |
| Noninterest expense | 1,179,000 | 2,362,000 | 3,747,000 | 5,139,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 178,000 | 319,000 | 179,000 | 93,000 |
| Income tax | 0 | 10,000 | 0 | 0 |
| Net income | 178,000 | 309,000 | 179,000 | 93,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,869,000 | 15,010,000 | 15,113,000 | 15,049,000 |