Call reports 2023
CHARLOTTE STATE BANK & TRUST — 2023
What CHARLOTTE STATE BANK & TRUST reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 |
|---|---|---|
| Total assets | 679,891,000 | 629,389,000 |
| Total loans | 232,619,000 | 240,113,000 |
| Allowance for loan losses | 3,944,000 | 3,922,000 |
| Securities available for sale | 51,101,000 | 46,679,000 |
| Securities held to maturity | 141,284,000 | 138,784,000 |
| Trading assets | 0 | 0 |
| Total deposits | 625,494,000 | 577,465,000 |
| Interest-bearing deposits | 326,502,000 | 294,494,000 |
| Noninterest-bearing deposits | 298,992,000 | 282,971,000 |
| Equity capital | 53,309,000 | 50,587,000 |
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 |
|---|---|---|
| Interest income | 6,704,000 | 14,068,000 |
| Interest expense | 70,000 | 829,000 |
| Net interest income | 6,634,000 | 13,239,000 |
| Noninterest income | 1,985,000 | 3,897,000 |
| Noninterest expense | 3,797,000 | 7,742,000 |
| Provision for loan losses | 0 | 0 |
| Pretax income | 4,819,000 | 9,393,000 |
| Income tax | 0 | 0 |
| Net income | 4,819,000 | 9,393,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 |
|---|---|---|
| Tier 1 capital | 55,521,000 | 53,095,000 |
| Total capital | 58,630,000 | 56,246,000 |
| Risk-weighted assets | 247,915,000 | 251,352,000 |