Call reports 2023
APEX BANK — 2023
What APEX 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 | 1,236,592,000 | 1,214,002,000 | 1,289,393,000 | 1,304,190,000 |
| Total loans | 978,063,000 | 959,018,000 | 1,002,854,000 | 1,064,775,000 |
| Allowance for loan losses | 12,246,000 | 12,237,000 | 11,866,000 | 11,839,000 |
| Securities available for sale | 3,119,000 | 3,611,000 | 4,842,000 | 5,266,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 969,415,000 | 932,223,000 | 987,904,000 | 1,010,928,000 |
| Interest-bearing deposits | 857,126,000 | 817,918,000 | 854,155,000 | 856,786,000 |
| Noninterest-bearing deposits | 112,289,000 | 114,305,000 | 133,749,000 | 154,142,000 |
| Equity capital | 167,158,000 | 175,036,000 | 183,549,000 | 176,859,000 |
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 | 19,821,000 | 40,065,000 | 62,811,000 | 85,604,000 |
| Interest expense | 4,823,000 | 10,585,000 | 16,800,000 | 23,479,000 |
| Net interest income | 14,998,000 | 29,480,000 | 46,011,000 | 62,125,000 |
| Noninterest income | 1,388,000 | 4,252,000 | 5,996,000 | 15,101,000 |
| Noninterest expense | 5,640,000 | 12,508,000 | 19,442,000 | 27,033,000 |
| Provision for loan losses | 150,000 | 150,000 | 150,000 | 150,000 |
| Pretax income | 10,596,000 | 21,074,000 | 32,415,000 | 50,121,000 |
| Income tax | 2,619,000 | 4,978,000 | 7,659,000 | 12,014,000 |
| Net income | 7,977,000 | 16,096,000 | 24,756,000 | 38,107,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 158,531,000 | 166,717,000 | 171,249,000 | 164,913,000 |
| Total capital | — | — | 180,008,000 | 173,801,000 |
| Risk-weighted assets | — | — | 697,628,000 | 708,084,000 |