Call reports 2023
FIRST BANK OF THE LAKE — 2023
What FIRST BANK OF THE LAKE 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 | 568,435,000 | 656,004,000 | 835,982,000 | 972,834,000 |
| Total loans | 522,723,000 | 603,495,000 | 771,275,000 | 903,557,000 |
| Allowance for loan losses | 2,157,000 | 2,227,000 | 2,640,000 | 2,952,000 |
| Securities available for sale | 17,242,000 | 16,931,000 | 30,648,000 | 31,012,000 |
| Securities held to maturity | 1,394,000 | 1,408,000 | 1,421,000 | 1,434,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 451,354,000 | 558,938,000 | 709,361,000 | 845,716,000 |
| Interest-bearing deposits | 438,181,000 | 547,131,000 | 693,076,000 | 822,669,000 |
| Noninterest-bearing deposits | 13,173,000 | 11,807,000 | 16,285,000 | 23,047,000 |
| Equity capital | 54,185,000 | 54,983,000 | 73,230,000 | 77,176,000 |
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 | 10,115,000 | 21,865,000 | 37,560,000 | 56,545,000 |
| Interest expense | 2,916,000 | 7,243,000 | 13,773,000 | 22,943,000 |
| Net interest income | 7,199,000 | 14,622,000 | 23,787,000 | 33,602,000 |
| Noninterest income | 853,000 | 1,134,000 | 1,359,000 | 1,571,000 |
| Noninterest expense | 6,559,000 | 13,225,000 | 19,430,000 | 24,539,000 |
| Provision for loan losses | 259,000 | 445,000 | 855,000 | 1,425,000 |
| Pretax income | 1,234,000 | 2,086,000 | 4,806,000 | 9,143,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,234,000 | 2,086,000 | 4,806,000 | 9,143,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 51,995,000 | 53,065,000 | 71,496,000 | 75,479,000 |
| Total capital | 54,151,000 | 55,104,000 | 74,137,000 | 78,254,000 |
| Risk-weighted assets | 300,621,000 | 272,877,000 | 374,491,000 | 471,508,000 |