Call reports 2023
STRIDE BANK, NATIONAL ASSOCIATION — 2023
What STRIDE BANK, NATIONAL ASSOCIATION 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 | 3,349,976,000 | 3,054,814,000 | 3,208,378,000 | 3,694,234,000 |
| Total loans | 2,204,238,000 | 2,205,250,000 | 2,364,148,000 | 2,797,093,000 |
| Allowance for loan losses | 10,658,000 | 11,207,000 | 11,440,000 | 13,117,000 |
| Securities available for sale | 308,128,000 | 307,478,000 | 306,434,000 | 312,896,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,153,270,000 | 2,853,455,000 | 2,994,244,000 | 3,411,080,000 |
| Interest-bearing deposits | 388,222,000 | 332,735,000 | 334,940,000 | 352,440,000 |
| Noninterest-bearing deposits | 2,765,048,000 | 2,520,720,000 | 2,659,304,000 | 3,058,640,000 |
| Equity capital | 174,333,000 | 184,057,000 | 192,624,000 | 205,082,000 |
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 | 19,303,000 | 39,679,000 | 61,834,000 | 86,699,000 |
| Interest expense | 1,009,000 | 2,086,000 | 3,293,000 | 4,838,000 |
| Net interest income | 18,294,000 | 37,593,000 | 58,541,000 | 81,861,000 |
| Noninterest income | 16,130,000 | 33,940,000 | 51,038,000 | 69,205,000 |
| Noninterest expense | 16,334,000 | 32,981,000 | 52,644,000 | 75,862,000 |
| Provision for loan losses | 619,000 | 1,237,000 | 1,594,000 | 4,271,000 |
| Pretax income | 17,471,000 | 37,315,000 | 55,056,000 | 70,687,000 |
| Income tax | 4,161,000 | 8,909,000 | 13,167,000 | 16,980,000 |
| Net income | 13,310,000 | 28,406,000 | 41,889,000 | 53,707,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 181,225,000 | 192,821,000 | 202,004,000 | 211,072,000 |
| Total capital | 192,554,000 | 204,697,000 | 214,400,000 | 225,106,000 |
| Risk-weighted assets | 926,004,000 | 1,080,129,000 | 1,193,812,000 | 1,339,538,000 |