Call reports 2023
QUONTIC BANK — 2023
What QUONTIC 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 | 583,673,000 | 577,714,000 | 561,329,000 | 623,237,000 |
| Total loans | 390,630,000 | 417,994,000 | 413,787,000 | 444,253,000 |
| Allowance for loan losses | 301,000 | 279,000 | 478,000 | 479,000 |
| Securities available for sale | 4,576,000 | 4,487,000 | 4,439,000 | 4,599,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 471,165,000 | 466,709,000 | 458,682,000 | 522,499,000 |
| Interest-bearing deposits | 458,472,000 | 454,543,000 | 448,018,000 | 511,683,000 |
| Noninterest-bearing deposits | 12,693,000 | 12,166,000 | 10,664,000 | 10,816,000 |
| Equity capital | 81,446,000 | 82,194,000 | 81,315,000 | 80,169,000 |
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 | 9,798,000 | 19,289,000 | 28,988,000 | 39,092,000 |
| Interest expense | 3,276,000 | 6,895,000 | 11,269,000 | 16,405,000 |
| Net interest income | 6,522,000 | 12,394,000 | 17,719,000 | 22,687,000 |
| Noninterest income | 3,757,000 | 9,958,000 | 12,871,000 | 20,982,000 |
| Noninterest expense | 11,239,000 | 22,105,000 | 31,327,000 | 43,615,000 |
| Provision for loan losses | 19,000 | -2,000 | 209,000 | 209,000 |
| Pretax income | -979,000 | 226,000 | -970,000 | -179,000 |
| Income tax | -299,000 | 69,000 | -296,000 | -239,000 |
| Net income | -680,000 | 157,000 | -674,000 | 60,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 69,152,000 | 69,989,000 | 69,158,000 | 72,891,000 |