Call reports 2023
AMALGAMATED BANK OF CHICAGO — 2023
What AMALGAMATED BANK OF CHICAGO 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 | 887,907,000 | 988,157,000 | 1,030,204,000 | 1,346,586,000 |
| Total loans | 589,641,000 | 625,217,000 | 660,586,000 | 716,676,000 |
| Allowance for loan losses | 8,226,000 | 8,561,000 | 9,096,000 | 9,618,000 |
| Securities available for sale | 159,152,000 | 143,252,000 | 153,160,000 | 149,688,000 |
| Securities held to maturity | 7,572,000 | 9,044,000 | 5,155,000 | 5,123,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 753,302,000 | 847,779,000 | 876,814,000 | 1,172,158,000 |
| Interest-bearing deposits | 304,970,000 | 352,730,000 | 388,126,000 | 509,566,000 |
| Noninterest-bearing deposits | 448,332,000 | 495,049,000 | 488,688,000 | 662,592,000 |
| Equity capital | 98,728,000 | 101,338,000 | 103,927,000 | 109,360,000 |
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 | 9,800,000 | 20,383,000 | 31,569,000 | 45,172,000 |
| Interest expense | 800,000 | 2,082,000 | 3,949,000 | 7,046,000 |
| Net interest income | 9,000,000 | 18,301,000 | 27,620,000 | 38,126,000 |
| Noninterest income | 3,815,000 | 7,897,000 | 11,970,000 | 16,075,000 |
| Noninterest expense | 8,853,000 | 18,043,000 | 27,350,000 | 37,238,000 |
| Provision for loan losses | 7,000 | 342,000 | 877,000 | 1,399,000 |
| Pretax income | 3,955,000 | 7,813,000 | 11,363,000 | 15,564,000 |
| Income tax | 731,000 | 1,724,000 | 2,636,000 | 3,721,000 |
| Net income | 3,224,000 | 6,089,000 | 8,727,000 | 11,843,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 106,346,000 | 109,213,000 | 111,432,000 | 114,340,000 |
| Total capital | 114,572,000 | 117,774,000 | 120,528,000 | 123,958,000 |
| Risk-weighted assets | 660,712,000 | 706,646,000 | 743,027,000 | 786,384,000 |