Call reports 2023
CONSTITUTION BANK, NATIONAL ASSOCIATION — 2023
What CONSTITUTION BANK, 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 | 552,996,000 | 571,677,000 | 569,112,000 | 559,109,000 |
| Total loans | 349,928,000 | 361,372,000 | 363,100,000 | 380,394,000 |
| Allowance for loan losses | 5,262,000 | 4,999,000 | 4,958,000 | 4,683,000 |
| Securities available for sale | 161,244,000 | 165,743,000 | 160,862,000 | 152,001,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 514,768,000 | 532,866,000 | 531,822,000 | 514,541,000 |
| Interest-bearing deposits | 443,170,000 | 460,466,000 | 464,650,000 | 449,435,000 |
| Noninterest-bearing deposits | 71,598,000 | 72,400,000 | 67,172,000 | 65,106,000 |
| Equity capital | 36,657,000 | 37,482,000 | 35,895,000 | 42,450,000 |
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 | 4,776,000 | 10,007,000 | 15,684,000 | 21,552,000 |
| Interest expense | 1,237,000 | 2,959,000 | 5,109,000 | 7,512,000 |
| Net interest income | 3,539,000 | 7,048,000 | 10,575,000 | 14,040,000 |
| Noninterest income | 486,000 | 2,045,000 | 2,656,000 | 4,094,000 |
| Noninterest expense | 2,744,000 | 5,393,000 | 8,180,000 | 10,856,000 |
| Provision for loan losses | 82,000 | 269,000 | 226,000 | -75,000 |
| Pretax income | 1,176,000 | 3,294,000 | 4,688,000 | 6,941,000 |
| Income tax | 341,000 | 819,000 | 1,222,000 | 1,819,000 |
| Net income | 835,000 | 2,475,000 | 3,466,000 | 5,122,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 52,546,000 | 54,037,000 | 55,028,000 | 56,683,000 |