Call reports 2023
PATRIOTS BANK — 2023
What PATRIOTS 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 | 213,926,000 | 227,493,000 | 234,024,000 | 228,583,000 |
| Total loans | 164,645,000 | 169,363,000 | 171,266,000 | 176,597,000 |
| Allowance for loan losses | 1,551,000 | 1,605,000 | 1,686,000 | 1,716,000 |
| Securities available for sale | 23,808,000 | 23,426,000 | 22,264,000 | 23,332,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 180,629,000 | 193,982,000 | 199,693,000 | 198,175,000 |
| Interest-bearing deposits | 144,271,000 | 156,496,000 | 160,189,000 | 161,780,000 |
| Noninterest-bearing deposits | 36,358,000 | 37,486,000 | 39,504,000 | 36,395,000 |
| Equity capital | 13,430,000 | 13,587,000 | 14,157,000 | 16,585,000 |
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 | 2,437,000 | 5,396,000 | 8,872,000 | 12,466,000 |
| Interest expense | 576,000 | 1,485,000 | 2,682,000 | 3,945,000 |
| Net interest income | 1,861,000 | 3,911,000 | 6,190,000 | 8,521,000 |
| Noninterest income | 201,000 | 425,000 | 664,000 | 1,285,000 |
| Noninterest expense | 1,582,000 | 3,324,000 | 5,015,000 | 6,990,000 |
| Provision for loan losses | 30,000 | 85,000 | 890,000 | 920,000 |
| Pretax income | 450,000 | 927,000 | 949,000 | 1,896,000 |
| Income tax | -6,000 | -6,000 | -36,000 | -28,000 |
| Net income | 456,000 | 933,000 | 985,000 | 1,924,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,364,000 | 15,842,000 | 17,394,000 | 18,333,000 |
| Total capital | 16,915,000 | 17,447,000 | 19,080,000 | 20,049,000 |
| Risk-weighted assets | 169,452,000 | 177,762,000 | 179,706,000 | 181,443,000 |