Call reports 2023
FIRST NATIONAL BANK OF ABSECON — 2023
What FIRST NATIONAL BANK OF ABSECON 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 | 186,378,000 | 184,433,000 | 183,180,000 | 186,032,000 |
| Total loans | 107,593,000 | 111,268,000 | 113,615,000 | 111,959,000 |
| Allowance for loan losses | 865,000 | 903,000 | 909,000 | 1,004,000 |
| Securities available for sale | 53,967,000 | 51,313,000 | 48,648,000 | 46,659,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 172,740,000 | 170,491,000 | 169,653,000 | 169,993,000 |
| Interest-bearing deposits | 137,902,000 | 136,732,000 | 135,172,000 | 136,991,000 |
| Noninterest-bearing deposits | 34,838,000 | 33,759,000 | 34,481,000 | 33,002,000 |
| Equity capital | 12,682,000 | 12,945,000 | 12,357,000 | 14,437,000 |
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 | 1,745,000 | 3,606,000 | 5,550,000 | 7,530,000 |
| Interest expense | 100,000 | 279,000 | 497,000 | 765,000 |
| Net interest income | 1,645,000 | 3,327,000 | 5,053,000 | 6,765,000 |
| Noninterest income | 105,000 | 210,000 | 307,000 | 410,000 |
| Noninterest expense | 1,282,000 | 2,557,000 | 3,823,000 | 5,066,000 |
| Provision for loan losses | 27,000 | 65,000 | 71,000 | 166,000 |
| Pretax income | 405,000 | 917,000 | 1,483,000 | 1,934,000 |
| Income tax | 73,000 | 168,000 | 276,000 | 359,000 |
| Net income | 332,000 | 749,000 | 1,207,000 | 1,575,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,702,000 | 18,128,000 | 18,596,000 | 18,640,000 |