Call reports 2023
PORT AUSTIN STATE BANK, THE — 2023
What PORT AUSTIN STATE BANK, 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 | 68,049,000 | 68,742,000 | 67,181,000 | 66,626,000 |
| Total loans | 41,778,000 | 43,054,000 | 43,172,000 | 42,244,000 |
| Allowance for loan losses | 314,000 | 303,000 | 309,000 | 313,000 |
| Securities available for sale | 18,451,000 | 14,487,000 | 16,564,000 | 15,316,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 57,306,000 | 57,800,000 | 55,937,000 | 55,262,000 |
| Interest-bearing deposits | 39,941,000 | 38,971,000 | 37,491,000 | 37,069,000 |
| Noninterest-bearing deposits | 17,365,000 | 18,829,000 | 18,446,000 | 18,193,000 |
| Equity capital | 10,175,000 | 10,333,000 | 10,609,000 | 10,791,000 |
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 | 543,000 | 1,101,000 | 1,708,000 | 2,356,000 |
| Interest expense | 28,000 | 73,000 | 130,000 | 206,000 |
| Net interest income | 515,000 | 1,028,000 | 1,578,000 | 2,150,000 |
| Noninterest income | 13,000 | 26,000 | 38,000 | 48,000 |
| Noninterest expense | 284,000 | 579,000 | 864,000 | 1,190,000 |
| Provision for loan losses | 7,000 | 11,000 | 17,000 | 94,000 |
| Pretax income | 237,000 | 464,000 | 735,000 | 914,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 237,000 | 464,000 | 735,000 | 914,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,638,000 | 10,775,000 | 10,954,000 | 10,911,000 |