Call reports 2023
NORTH ALABAMA BANK — 2023
What NORTH ALABAMA 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 | 156,258,000 | 161,423,000 | 167,211,000 | 173,231,000 |
| Total loans | 113,678,000 | 122,854,000 | 131,484,000 | 131,513,000 |
| Allowance for loan losses | 1,404,000 | 1,410,000 | 1,352,000 | 1,407,000 |
| Securities available for sale | 12,584,000 | 12,429,000 | 11,838,000 | 12,227,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 140,146,000 | 144,802,000 | 149,990,000 | 155,647,000 |
| Interest-bearing deposits | 95,509,000 | 101,531,000 | 107,402,000 | 110,118,000 |
| Noninterest-bearing deposits | 44,637,000 | 43,271,000 | 42,588,000 | 45,529,000 |
| Equity capital | 14,738,000 | 15,186,000 | 15,437,000 | 16,042,000 |
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 | 2,230,000 | 4,485,000 | 7,107,000 | 9,843,000 |
| Interest expense | 324,000 | 805,000 | 1,436,000 | 2,186,000 |
| Net interest income | 1,906,000 | 3,680,000 | 5,671,000 | 7,657,000 |
| Noninterest income | 173,000 | 361,000 | 552,000 | 724,000 |
| Noninterest expense | 1,336,000 | 2,650,000 | 4,044,000 | 5,243,000 |
| Provision for loan losses | 45,000 | 50,000 | -10,000 | 45,000 |
| Pretax income | 698,000 | 1,321,000 | 2,169,000 | 3,008,000 |
| Income tax | 186,000 | 339,000 | 566,000 | 756,000 |
| Net income | 512,000 | 982,000 | 1,603,000 | 2,252,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,917,000 | 15,413,000 | 16,037,000 | 16,303,000 |