FACTANKER · measured, cited, anchored official records connected

Call reports 2023

PROFINIUM, INC. — 2023

What PROFINIUM, INC. reported to the FFIEC in 2023, quarter by quarter.

PERIOD: 2023SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/f988fede-85b4-4179-b1b5-11e2dd485ace/2023

Balance sheet

What the bank holds and owes at quarter end

Measure2023Q12023Q22023Q32023Q4
Total assets501,918,000511,542,000505,484,000529,581,000
Total loans379,852,000390,137,000394,170,000413,045,000
Allowance for loan losses4,392,0004,563,0004,738,0005,111,000
Securities available for sale82,643,00080,198,00073,970,00077,692,000
Securities held to maturity0000
Trading assets0000
Total deposits422,879,000427,997,000434,914,000433,327,000
Interest-bearing deposits324,311,000336,704,000343,412,000339,915,000
Noninterest-bearing deposits98,568,00091,293,00091,502,00093,412,000
Equity capital39,498,00039,516,00036,799,00040,873,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2023Q12023Q22023Q32023Q4
Interest income5,256,00010,828,00016,702,00022,755,000
Interest expense1,465,0003,412,0005,755,0008,459,000
Net interest income3,791,0007,416,00010,947,00014,296,000
Noninterest income736,0001,256,0001,828,0002,357,000
Noninterest expense3,163,0006,246,0009,375,00012,394,000
Provision for loan losses150,000300,000450,000800,000
Pretax income1,135,0002,060,0002,902,0003,450,000
Income tax311,000574,000810,000960,000
Net income824,0001,486,0002,092,0002,490,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2023Q12023Q22023Q32023Q4
Tier 1 capital46,309,00046,971,00047,577,00047,975,000
Total capital50,701,00051,534,00052,315,00053,086,000
Risk-weighted assets404,996,000411,258,000416,909,000430,434,000