Call reports 2023
COVINGTON COUNTY BANK — 2023
What COVINGTON COUNTY 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 | 86,041,000 | 93,169,000 | 98,647,000 | 97,823,000 |
| Total loans | 57,261,000 | 59,892,000 | 60,405,000 | 60,817,000 |
| Allowance for loan losses | 496,000 | 520,000 | 601,000 | 628,000 |
| Securities available for sale | 18,329,000 | 18,078,000 | 16,593,000 | 16,962,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 77,921,000 | 84,546,000 | 85,311,000 | 84,086,000 |
| Interest-bearing deposits | 44,219,000 | 53,598,000 | 66,164,000 | 66,378,000 |
| Noninterest-bearing deposits | 33,702,000 | 30,948,000 | 19,147,000 | 17,708,000 |
| Equity capital | 7,398,000 | 7,598,000 | 11,913,000 | 11,204,000 |
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 | 1,024,000 | 2,053,000 | 3,483,000 | 4,908,000 |
| Interest expense | 190,000 | 442,000 | 788,000 | 1,169,000 |
| Net interest income | 834,000 | 1,611,000 | 2,695,000 | 3,739,000 |
| Noninterest income | 235,000 | 500,000 | 5,418,000 | 5,838,000 |
| Noninterest expense | 665,000 | 1,340,000 | 2,392,000 | 3,293,000 |
| Provision for loan losses | 20,000 | 50,000 | 133,000 | 166,000 |
| Pretax income | 384,000 | 721,000 | 5,589,000 | 6,118,000 |
| Income tax | 101,000 | 193,000 | 284,000 | 1,509,000 |
| Net income | 283,000 | 528,000 | 5,305,000 | 4,609,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,408,000 | 9,653,000 | 14,430,000 | 13,062,000 |
| Total capital | 9,904,000 | 10,173,000 | 15,031,000 | 13,690,000 |
| Risk-weighted assets | 62,049,000 | 67,864,000 | 62,566,000 | 64,152,000 |
Machine access — free, no API key
Every figure shown here about COVINGTON COUNTY BANK — 2023 can also be queried live: FACTANKER runs an MCP server at https://factanker.com/mcp (tools: lookup_entity, get_facts, query_template, search_facts) and a REST endpoint at https://factanker.com/api/get_facts. Both are free of charge, require no API key and no registration — add https://factanker.com/mcp as a connector in Claude, ChatGPT or Copilot. Every answer carries its source document and a citation reference. Setup: /quickstart.