Call reports 2023
TERRABANK, NATIONAL ASSOCIATION — 2023
What TERRABANK, NATIONAL ASSOCIATION 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 | 724,228,000 | 737,902,000 | 744,986,000 | 761,979,000 |
| Total loans | 440,132,000 | 464,335,000 | 480,585,000 | 509,301,000 |
| Allowance for loan losses | 5,920,000 | 5,901,000 | 6,218,000 | 6,479,000 |
| Securities available for sale | 233,440,000 | 223,291,000 | 215,295,000 | 219,556,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 622,113,000 | 649,558,000 | 672,665,000 | 680,181,000 |
| Interest-bearing deposits | 230,610,000 | 232,766,000 | 258,630,000 | 270,060,000 |
| Noninterest-bearing deposits | 391,503,000 | 416,792,000 | 414,035,000 | 410,121,000 |
| Equity capital | 44,120,000 | 42,172,000 | 41,100,000 | 48,524,000 |
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 | 5,789,000 | 12,140,000 | 18,796,000 | 26,129,000 |
| Interest expense | 975,000 | 2,438,000 | 4,306,000 | 6,583,000 |
| Net interest income | 4,814,000 | 9,702,000 | 14,490,000 | 19,546,000 |
| Noninterest income | 1,298,000 | 2,574,000 | 3,851,000 | 5,144,000 |
| Noninterest expense | 4,584,000 | 9,221,000 | 14,050,000 | 19,072,000 |
| Provision for loan losses | 337,000 | 337,000 | 654,000 | 921,000 |
| Pretax income | 1,234,000 | 2,753,000 | 3,584,000 | 4,715,000 |
| Income tax | 306,000 | 672,000 | 880,000 | 1,149,000 |
| Net income | 928,000 | 2,081,000 | 2,704,000 | 3,566,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 63,724,000 | 64,648,000 | 65,767,000 | 67,124,000 |
| Total capital | 69,726,000 | 69,918,000 | 71,426,000 | 72,996,000 |
| Risk-weighted assets | 426,717,000 | 447,668,000 | 457,294,000 | 476,655,000 |