Call reports 2023
RICHWOOD BANKING COMPANY, INC., THE — 2023
What RICHWOOD BANKING COMPANY, INC., THE 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 | 1,149,309,000 | 1,142,260,000 | 1,135,977,000 | 1,181,242,000 |
| Total loans | 743,075,000 | 762,058,000 | 775,957,000 | 775,766,000 |
| Allowance for loan losses | 7,897,000 | 7,911,000 | 8,002,000 | 8,141,000 |
| Securities available for sale | 279,856,000 | 274,822,000 | 254,401,000 | 270,206,000 |
| Securities held to maturity | 4,078,000 | 4,066,000 | 4,054,000 | 4,036,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,026,817,000 | 945,999,000 | 968,149,000 | 919,307,000 |
| Interest-bearing deposits | 948,833,000 | 877,128,000 | 889,380,000 | 836,712,000 |
| Noninterest-bearing deposits | 77,984,000 | 68,871,000 | 78,769,000 | 82,595,000 |
| Equity capital | 68,426,000 | 68,810,000 | 59,527,000 | 76,825,000 |
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 | 11,885,000 | 24,697,000 | 37,930,000 | 51,368,000 |
| Interest expense | 2,969,000 | 6,696,000 | 11,046,000 | 15,714,000 |
| Net interest income | 8,916,000 | 18,001,000 | 26,884,000 | 35,654,000 |
| Noninterest income | 1,305,000 | 2,836,000 | 4,497,000 | 6,002,000 |
| Noninterest expense | 7,175,000 | 14,992,000 | 22,748,000 | 30,554,000 |
| Provision for loan losses | 0 | 75,000 | 334,000 | 498,000 |
| Pretax income | 3,053,000 | 6,052,000 | 8,441,000 | 10,737,000 |
| Income tax | 530,000 | 955,000 | 1,354,000 | 1,734,000 |
| Net income | 2,523,000 | 5,097,000 | 7,087,000 | 9,003,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 100,110,000 | 102,747,000 | 104,815,000 | 106,845,000 |
| Total capital | 106,999,000 | 109,375,000 | 111,546,000 | 113,722,000 |
| Risk-weighted assets | 850,001,000 | 883,821,000 | 882,504,000 | 883,463,000 |