Call reports 2023
BANK OF ADVANCE, THE — 2023
What BANK OF ADVANCE, THE 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 | 454,487,000 | 472,677,000 | 475,012,000 | 489,778,000 |
| Total loans | 352,613,000 | 367,600,000 | 376,530,000 | 378,826,000 |
| Allowance for loan losses | 5,012,000 | 5,257,000 | 5,383,000 | 5,410,000 |
| Securities available for sale | 78,129,000 | 77,111,000 | 77,049,000 | 74,460,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 394,076,000 | 394,951,000 | 409,109,000 | 431,194,000 |
| Interest-bearing deposits | 314,222,000 | 317,128,000 | 335,336,000 | 347,179,000 |
| Noninterest-bearing deposits | 79,854,000 | 77,823,000 | 73,773,000 | 84,015,000 |
| Equity capital | 51,323,000 | 52,806,000 | 54,158,000 | 51,961,000 |
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 | 5,840,000 | 12,172,000 | 19,011,000 | 26,144,000 |
| Interest expense | 988,000 | 2,465,000 | 4,530,000 | 7,031,000 |
| Net interest income | 4,852,000 | 9,707,000 | 14,481,000 | 19,113,000 |
| Noninterest income | 715,000 | 1,521,000 | 2,257,000 | 3,042,000 |
| Noninterest expense | 2,577,000 | 5,523,000 | 8,262,000 | 11,536,000 |
| Provision for loan losses | 170,000 | 395,000 | 709,000 | 846,000 |
| Pretax income | 2,756,000 | 5,249,000 | 7,756,000 | 9,440,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 2,756,000 | 5,249,000 | 7,756,000 | 9,440,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 54,496,000 | 56,989,000 | 59,496,000 | 54,580,000 |