Call reports 2023
PARTNERS BANK OF CALIFORNIA — 2023
What PARTNERS BANK OF CALIFORNIA 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 | 457,875,000 | 464,706,000 | 457,717,000 | 487,602,000 |
| Total loans | 387,418,000 | 382,549,000 | 383,512,000 | 395,515,000 |
| Allowance for loan losses | 7,452,000 | 7,452,000 | 7,502,000 | 7,795,000 |
| Securities available for sale | 10,556,000 | 10,385,000 | 10,349,000 | 10,443,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 352,899,000 | 364,044,000 | 379,361,000 | 404,288,000 |
| Interest-bearing deposits | 162,179,000 | 202,679,000 | 219,463,000 | 256,023,000 |
| Noninterest-bearing deposits | 190,720,000 | 161,365,000 | 159,898,000 | 148,265,000 |
| Equity capital | 46,416,000 | 47,595,000 | 48,923,000 | 50,373,000 |
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 | 5,472,000 | 11,172,000 | 17,243,000 | 23,555,000 |
| Interest expense | 1,025,000 | 2,584,000 | 4,568,000 | 6,627,000 |
| Net interest income | 4,447,000 | 8,588,000 | 12,675,000 | 16,928,000 |
| Noninterest income | 93,000 | 204,000 | 354,000 | 805,000 |
| Noninterest expense | 3,135,000 | 5,716,000 | 8,250,000 | 10,821,000 |
| Provision for loan losses | 0 | 0 | 50,000 | 338,000 |
| Pretax income | 1,405,000 | 3,076,000 | 4,684,000 | 6,510,000 |
| Income tax | 429,000 | 937,000 | 1,417,000 | 1,980,000 |
| Net income | 976,000 | 2,139,000 | 3,267,000 | 4,530,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,538,000 | 47,803,000 | 49,127,000 | 50,489,000 |
| Total capital | 51,444,000 | 52,603,000 | 53,926,000 | 55,371,000 |
| Risk-weighted assets | 389,779,000 | 381,131,000 | 381,003,000 | 387,387,000 |