Call reports 2023
PROSPECT BANK — 2023
What PROSPECT 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 | 725,633,000 | 736,375,000 | 724,428,000 | 734,786,000 |
| Total loans | 469,024,000 | 479,457,000 | 497,988,000 | 500,929,000 |
| Allowance for loan losses | 4,964,000 | 4,834,000 | 5,341,000 | 5,348,000 |
| Securities available for sale | 222,590,000 | 213,703,000 | 181,063,000 | 182,104,000 |
| Securities held to maturity | 0 | 5,646,000 | 5,646,000 | 5,037,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 562,992,000 | 540,209,000 | 545,218,000 | 550,871,000 |
| Interest-bearing deposits | 485,792,000 | 472,394,000 | 466,973,000 | 464,476,000 |
| Noninterest-bearing deposits | 77,200,000 | 67,815,000 | 78,245,000 | 86,395,000 |
| Equity capital | 29,291,000 | 27,862,000 | 22,951,000 | 30,210,000 |
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 | 6,664,000 | 13,894,000 | 21,657,000 | 29,670,000 |
| Interest expense | 2,842,000 | 6,512,000 | 10,801,000 | 15,150,000 |
| Net interest income | 3,822,000 | 7,382,000 | 10,856,000 | 14,520,000 |
| Noninterest income | 991,000 | 1,730,000 | 2,278,000 | 3,090,000 |
| Noninterest expense | 4,083,000 | 8,088,000 | 12,142,000 | 16,503,000 |
| Provision for loan losses | -158,000 | -283,000 | 267,000 | 635,000 |
| Pretax income | 713,000 | 1,043,000 | -4,743,000 | -5,390,000 |
| Income tax | 3,000 | 5,000 | 5,000 | 5,000 |
| Net income | 710,000 | 1,038,000 | -4,748,000 | -5,395,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 63,304,000 | 63,302,000 | 58,826,000 | 58,178,000 |
| Total capital | 68,443,000 | 68,400,000 | 64,645,000 | 63,790,000 |
| Risk-weighted assets | 540,567,000 | 540,255,000 | 555,153,000 | 569,387,000 |