Call reports 2023
FINEMARK NATIONAL BANK & TRUST — 2023
What FINEMARK NATIONAL BANK & TRUST 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 | 3,782,590,000 | 3,800,338,000 | 3,966,755,000 | 4,099,078,000 |
| Total loans | 2,346,001,000 | 2,466,122,000 | 2,476,913,000 | 2,513,357,000 |
| Allowance for loan losses | 24,193,000 | 24,163,000 | 24,270,000 | 23,472,000 |
| Securities available for sale | 1,006,918,000 | 1,001,037,000 | 903,993,000 | 947,701,000 |
| Securities held to maturity | 92,694,000 | 91,070,000 | 90,253,000 | 87,928,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,895,382,000 | 2,663,739,000 | 2,797,859,000 | 2,903,284,000 |
| Interest-bearing deposits | 2,240,544,000 | 2,083,391,000 | 2,278,804,000 | 2,438,374,000 |
| Noninterest-bearing deposits | 654,838,000 | 580,348,000 | 519,055,000 | 464,910,000 |
| Equity capital | 292,311,000 | 288,293,000 | 288,640,000 | 317,505,000 |
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 | 28,922,000 | 62,605,000 | 99,890,000 | 141,978,000 |
| Interest expense | 13,734,000 | 34,128,000 | 59,824,000 | 90,331,000 |
| Net interest income | 15,188,000 | 28,477,000 | 40,066,000 | 51,647,000 |
| Noninterest income | 7,720,000 | 16,508,000 | 25,749,000 | 34,492,000 |
| Noninterest expense | 18,637,000 | 37,720,000 | 56,970,000 | 76,831,000 |
| Provision for loan losses | 1,015,000 | 973,000 | 1,072,000 | 272,000 |
| Pretax income | 3,214,000 | 6,231,000 | 7,573,000 | 8,902,000 |
| Income tax | 650,000 | 1,308,000 | 1,456,000 | 1,785,000 |
| Net income | 2,564,000 | 4,923,000 | 6,117,000 | 7,117,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 354,680,000 | 357,782,000 | 359,717,000 | 369,437,000 |
| Total capital | 378,873,000 | 381,945,000 | 383,987,000 | 392,909,000 |
| Risk-weighted assets | 2,076,956,000 | 2,187,836,000 | 2,216,047,000 | 2,250,828,000 |