Call reports 2023
FIRST NATIONAL BANK OF SOUTH PADRE ISLAND — 2023
What FIRST NATIONAL BANK OF SOUTH PADRE ISLAND 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 | 91,141,000 | 81,411,000 | 82,591,000 | 79,615,000 |
| Total loans | 29,944,000 | 30,586,000 | 30,715,000 | 30,154,000 |
| Allowance for loan losses | 576,000 | 579,000 | 579,000 | 579,000 |
| Securities available for sale | 17,093,000 | 16,976,000 | 17,017,000 | 17,299,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 83,203,000 | 73,564,000 | 74,325,000 | 71,176,000 |
| Interest-bearing deposits | 48,231,000 | 40,844,000 | 40,928,000 | 39,943,000 |
| Noninterest-bearing deposits | 34,972,000 | 32,720,000 | 33,397,000 | 31,233,000 |
| Equity capital | 7,695,000 | 7,601,000 | 8,087,000 | 8,359,000 |
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 | 935,000 | 1,851,000 | 2,850,000 | 3,808,000 |
| Interest expense | 40,000 | 86,000 | 136,000 | 192,000 |
| Net interest income | 895,000 | 1,765,000 | 2,714,000 | 3,616,000 |
| Noninterest income | 29,000 | 48,000 | 69,000 | 92,000 |
| Noninterest expense | 463,000 | 943,000 | 1,423,000 | 1,898,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 461,000 | 870,000 | 1,360,000 | 1,810,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 461,000 | 870,000 | 1,360,000 | 1,810,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,119,000 | 8,149,000 | 8,638,000 | 8,709,000 |
| Total capital | 8,553,000 | — | — | — |
| Risk-weighted assets | 34,619,000 | — | — | — |