Call reports 2023
MONTROSE SAVINGS BANK — 2023
What MONTROSE SAVINGS 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 | 52,700,000 | 53,167,000 | 53,716,000 | 54,001,000 |
| Total loans | 27,239,000 | 26,608,000 | 27,410,000 | 28,032,000 |
| Allowance for loan losses | 526,000 | 528,000 | 526,000 | 527,000 |
| Securities available for sale | 21,348,000 | 20,654,000 | 20,140,000 | 21,056,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,559,000 | 45,913,000 | 46,648,000 | 46,296,000 |
| Interest-bearing deposits | 34,545,000 | 34,714,000 | 36,349,000 | 35,630,000 |
| Noninterest-bearing deposits | 11,014,000 | 11,199,000 | 10,299,000 | 10,666,000 |
| Equity capital | 7,052,000 | 7,179,000 | 6,942,000 | 7,554,000 |
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 | 489,000 | 1,006,000 | 1,561,000 | 2,153,000 |
| Interest expense | 57,000 | 126,000 | 223,000 | 347,000 |
| Net interest income | 432,000 | 880,000 | 1,338,000 | 1,806,000 |
| Noninterest income | 19,000 | 37,000 | 52,000 | 70,000 |
| Noninterest expense | 230,000 | 455,000 | 680,000 | 954,000 |
| Provision for loan losses | 6,000 | 9,000 | 9,000 | 9,000 |
| Pretax income | 172,000 | 412,000 | 690,000 | 902,000 |
| Income tax | 0 | 26,000 | 30,000 | 34,000 |
| Net income | 172,000 | 386,000 | 660,000 | 868,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,621,000 | 7,834,000 | 7,834,000 | 7,876,000 |
| Total capital | — | — | 8,259,000 | — |
| Risk-weighted assets | — | — | 33,922,000 | — |