Call reports 2023
PRODUCE STATE BANK — 2023
What PRODUCE STATE 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 | 118,937,000 | 115,147,000 | 114,834,000 | 115,082,000 |
| Total loans | 51,591,000 | 49,111,000 | 50,863,000 | 52,833,000 |
| Allowance for loan losses | 545,000 | 546,000 | 553,000 | 555,000 |
| Securities available for sale | 10,883,000 | 12,825,000 | 9,875,000 | 16,637,000 |
| Securities held to maturity | 37,555,000 | 34,217,000 | 41,297,000 | 34,078,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 107,381,000 | 102,976,000 | 102,411,000 | 102,595,000 |
| Interest-bearing deposits | 75,689,000 | 71,070,000 | 71,604,000 | 71,366,000 |
| Noninterest-bearing deposits | 31,692,000 | 31,906,000 | 30,807,000 | 31,229,000 |
| Equity capital | 11,140,000 | 11,752,000 | 11,922,000 | 12,153,000 |
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 | 1,299,000 | 2,585,000 | 3,986,000 | 5,440,000 |
| Interest expense | 69,000 | 165,000 | 283,000 | 477,000 |
| Net interest income | 1,230,000 | 2,420,000 | 3,703,000 | 4,963,000 |
| Noninterest income | 61,000 | 126,000 | 187,000 | 317,000 |
| Noninterest expense | 589,000 | 1,182,000 | 1,827,000 | 2,456,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 710,000 | 1,373,000 | 2,073,000 | 2,835,000 |
| Income tax | 0 | 50,000 | 84,000 | 269,000 |
| Net income | 710,000 | 1,323,000 | 1,989,000 | 2,566,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,705,000 | 10,378,000 | 10,603,000 | 10,739,000 |
| Total capital | 10,250,000 | 10,924,000 | 11,156,000 | 11,294,000 |
| Risk-weighted assets | 49,649,000 | 47,733,000 | 52,042,000 | 50,468,000 |