Call reports 2023
TCM BANK, NATIONAL ASSOCIATION — 2023
What TCM BANK, NATIONAL ASSOCIATION 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 | 315,307,000 | 328,842,000 | 329,211,000 | 343,675,000 |
| Total loans | 284,044,000 | 287,108,000 | 289,294,000 | 307,637,000 |
| Allowance for loan losses | 11,020,000 | 11,155,000 | 11,230,000 | 10,706,000 |
| Securities available for sale | 2,150,000 | 2,066,000 | 1,934,000 | 1,997,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 235,443,000 | 251,331,000 | 251,796,000 | 263,297,000 |
| Interest-bearing deposits | 234,474,000 | 250,374,000 | 250,817,000 | 262,414,000 |
| Noninterest-bearing deposits | 969,000 | 957,000 | 979,000 | 883,000 |
| Equity capital | 65,961,000 | 64,302,000 | 64,572,000 | 65,813,000 |
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 | 6,936,000 | 13,791,000 | 21,638,000 | 29,767,000 |
| Interest expense | 1,577,000 | 3,500,000 | 5,709,000 | 8,218,000 |
| Net interest income | 5,359,000 | 10,291,000 | 15,929,000 | 21,549,000 |
| Noninterest income | 10,102,000 | 20,752,000 | 31,509,000 | 48,952,000 |
| Noninterest expense | 13,336,000 | 27,254,000 | 40,914,000 | 60,137,000 |
| Provision for loan losses | 1,685,000 | 3,895,000 | 6,174,000 | 7,633,000 |
| Pretax income | 440,000 | -106,000 | 350,000 | 2,731,000 |
| Income tax | 117,000 | -608,000 | -487,000 | 724,000 |
| Net income | 323,000 | 502,000 | 837,000 | 2,007,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 63,012,000 | 61,677,000 | 62,242,000 | 63,064,000 |
| Total capital | 66,882,000 | 65,614,000 | 66,182,000 | 67,218,000 |
| Risk-weighted assets | 302,520,000 | 307,739,000 | 307,903,000 | 325,825,000 |