Call reports 2023
FRONTIER COMMUNITY BANK — 2023
What FRONTIER COMMUNITY 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 | 151,610,000 | 159,250,000 | 154,394,000 | 156,416,000 |
| Total loans | 126,605,000 | 128,005,000 | 129,563,000 | 132,770,000 |
| Allowance for loan losses | 1,211,000 | 1,094,000 | 1,082,000 | 996,000 |
| Securities available for sale | 9,874,000 | 9,610,000 | 9,327,000 | 9,516,000 |
| Securities held to maturity | 301,000 | 300,000 | 299,000 | 49,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 123,903,000 | 133,589,000 | 128,499,000 | 126,989,000 |
| Interest-bearing deposits | 108,785,000 | 115,828,000 | 112,243,000 | 110,463,000 |
| Noninterest-bearing deposits | 15,118,000 | 17,761,000 | 16,256,000 | 16,526,000 |
| Equity capital | 15,316,000 | 15,378,000 | 15,390,000 | 15,726,000 |
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 | 1,705,000 | 3,522,000 | 5,466,000 | 7,405,000 |
| Interest expense | 660,000 | 1,482,000 | 2,384,000 | 3,367,000 |
| Net interest income | 1,045,000 | 2,040,000 | 3,082,000 | 4,038,000 |
| Noninterest income | 118,000 | 240,000 | 429,000 | 516,000 |
| Noninterest expense | 1,083,000 | 2,139,000 | 3,236,000 | 4,267,000 |
| Provision for loan losses | -98,000 | -215,000 | -227,000 | -313,000 |
| Pretax income | 161,000 | 342,000 | 491,000 | 593,000 |
| Income tax | 23,000 | 52,000 | 86,000 | 95,000 |
| Net income | 138,000 | 290,000 | 405,000 | 498,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,326,000 | 16,476,000 | 16,591,000 | 16,688,000 |
| Total capital | 17,554,000 | 17,585,000 | 17,684,000 | 17,691,000 |
| Risk-weighted assets | 119,779,000 | 120,846,000 | 121,743,000 | 122,308,000 |