Call reports 2023
FOUNDATION BANK — 2023
What FOUNDATION 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 | 195,028,000 | 189,446,000 | 188,463,000 | 188,839,000 |
| Total loans | 106,133,000 | 111,847,000 | 113,750,000 | 114,882,000 |
| Allowance for loan losses | 2,671,000 | 2,591,000 | 2,488,000 | 3,119,000 |
| Securities available for sale | 45,487,000 | 43,957,000 | 41,438,000 | 42,065,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 171,752,000 | 165,629,000 | 163,049,000 | 164,019,000 |
| Interest-bearing deposits | 113,090,000 | 108,066,000 | 106,876,000 | 105,951,000 |
| Noninterest-bearing deposits | 58,662,000 | 57,563,000 | 56,173,000 | 58,068,000 |
| Equity capital | 20,839,000 | 21,733,000 | 22,933,000 | 22,269,000 |
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 | 3,380,000 | 6,844,000 | 10,416,000 | 13,996,000 |
| Interest expense | 217,000 | 518,000 | 904,000 | 1,385,000 |
| Net interest income | 3,163,000 | 6,326,000 | 9,512,000 | 12,611,000 |
| Noninterest income | 839,000 | 1,583,000 | 2,285,000 | 3,131,000 |
| Noninterest expense | 2,125,000 | 4,396,000 | 6,610,000 | 8,981,000 |
| Provision for loan losses | 23,000 | 45,000 | 68,000 | 823,000 |
| Pretax income | 1,854,000 | 3,468,000 | 5,119,000 | 5,938,000 |
| Income tax | 488,000 | 908,000 | 1,327,000 | 1,520,000 |
| Net income | 1,366,000 | 2,560,000 | 3,792,000 | 4,418,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,030,000 | 24,223,000 | 25,456,000 | 24,082,000 |