Call reports 2023
BANK OF CLARENDON, THE — 2023
What BANK OF CLARENDON, THE 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 | 394,429,000 | 390,857,000 | 369,091,000 | 382,016,000 |
| Total loans | 184,458,000 | 185,571,000 | 188,426,000 | 190,752,000 |
| Allowance for loan losses | 1,671,000 | 1,673,000 | 1,673,000 | 1,667,000 |
| Securities available for sale | 88,316,000 | 85,035,000 | 83,152,000 | 90,076,000 |
| Securities held to maturity | 41,623,000 | 41,531,000 | 41,441,000 | 41,351,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 353,534,000 | 350,206,000 | 328,706,000 | 339,027,000 |
| Interest-bearing deposits | 241,908,000 | 239,705,000 | 229,787,000 | 244,024,000 |
| Noninterest-bearing deposits | 111,626,000 | 110,501,000 | 98,919,000 | 95,003,000 |
| Equity capital | 38,173,000 | 37,960,000 | 37,450,000 | 39,906,000 |
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 | 3,616,000 | 7,366,000 | 11,110,000 | 14,955,000 |
| Interest expense | 314,000 | 805,000 | 1,481,000 | 2,309,000 |
| Net interest income | 3,302,000 | 6,561,000 | 9,629,000 | 12,646,000 |
| Noninterest income | 622,000 | 1,235,000 | 1,816,000 | 2,433,000 |
| Noninterest expense | 2,176,000 | 4,437,000 | 6,664,000 | 9,540,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,748,000 | 3,359,000 | 4,781,000 | 5,539,000 |
| Income tax | 305,000 | 650,000 | 919,000 | 983,000 |
| Net income | 1,443,000 | 2,709,000 | 3,862,000 | 4,556,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 45,025,000 | 46,017,000 | 47,027,000 | 46,679,000 |