Call reports 2023
BAC COMMUNITY BANK — 2023
What BAC COMMUNITY 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 | 836,487,000 | 833,027,000 | 838,492,000 | 816,593,000 |
| Total loans | 418,157,000 | 425,186,000 | 427,338,000 | 424,254,000 |
| Allowance for loan losses | 6,550,000 | 6,592,000 | 6,680,000 | 6,831,000 |
| Securities available for sale | 91,199,000 | 89,932,000 | 86,932,000 | 77,505,000 |
| Securities held to maturity | 244,784,000 | 242,422,000 | 239,854,000 | 237,738,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 723,625,000 | 729,422,000 | 733,279,000 | 708,023,000 |
| Interest-bearing deposits | 422,409,000 | 433,454,000 | 424,325,000 | 414,818,000 |
| Noninterest-bearing deposits | 301,216,000 | 295,968,000 | 308,954,000 | 293,205,000 |
| Equity capital | 54,423,000 | 54,617,000 | 56,315,000 | 59,433,000 |
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 | 6,641,000 | 13,702,000 | 20,935,000 | 28,256,000 |
| Interest expense | 647,000 | 2,304,000 | 3,913,000 | 5,669,000 |
| Net interest income | 5,994,000 | 11,398,000 | 17,022,000 | 22,587,000 |
| Noninterest income | 563,000 | 1,132,000 | 1,716,000 | 2,490,000 |
| Noninterest expense | 5,631,000 | 10,955,000 | 16,049,000 | 21,340,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 919,000 | 1,568,000 | 2,682,000 | 3,730,000 |
| Income tax | 32,000 | 55,000 | 95,000 | 139,000 |
| Net income | 887,000 | 1,513,000 | 2,587,000 | 3,591,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 81,903,000 | 82,033,000 | 83,009,000 | 83,384,000 |
| Total capital | 88,414,000 | 88,595,000 | 89,558,000 | 89,814,000 |
| Risk-weighted assets | 520,667,000 | 524,780,000 | 523,616,000 | 513,847,000 |