Call reports 2023
DEERWOOD BANK — 2023
What DEERWOOD 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 | 1,048,558,000 | 1,070,513,000 | 1,069,348,000 | 1,059,667,000 |
| Total loans | 698,085,000 | 731,322,000 | 760,737,000 | 761,649,000 |
| Allowance for loan losses | 5,290,000 | 5,159,000 | 5,232,000 | 5,291,000 |
| Securities available for sale | 268,131,000 | 251,559,000 | 242,169,000 | 233,365,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 898,093,000 | 884,496,000 | 913,858,000 | 866,372,000 |
| Interest-bearing deposits | 612,554,000 | 607,826,000 | 678,177,000 | 612,596,000 |
| Noninterest-bearing deposits | 285,538,000 | 276,670,000 | 235,681,000 | 253,776,000 |
| Equity capital | 93,548,000 | 94,281,000 | 96,501,000 | 102,425,000 |
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 | 10,527,000 | 22,023,000 | 34,294,000 | 47,062,000 |
| Interest expense | 1,539,000 | 4,080,000 | 6,777,000 | 10,306,000 |
| Net interest income | 8,988,000 | 17,943,000 | 27,517,000 | 36,756,000 |
| Noninterest income | 828,000 | 1,908,000 | 3,034,000 | 4,585,000 |
| Noninterest expense | 7,092,000 | 13,303,000 | 19,345,000 | 26,730,000 |
| Provision for loan losses | 161,000 | 386,000 | 725,000 | 1,039,000 |
| Pretax income | 2,558,000 | 6,157,000 | 10,374,000 | 13,443,000 |
| Income tax | 10,000 | 297,000 | 675,000 | 1,067,000 |
| Net income | 2,548,000 | 5,860,000 | 9,699,000 | 12,376,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 96,082,000 | 97,199,000 | 98,874,000 | 100,596,000 |
| Total capital | 101,398,000 | 102,386,000 | 104,234,000 | 106,038,000 |
| Risk-weighted assets | 735,674,000 | 751,170,000 | 785,791,000 | 792,477,000 |