Call reports 2023
SOLVAY BANK — 2023
What SOLVAY 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 | 1,112,602,000 | 1,117,347,000 | 1,157,693,000 | 1,136,431,000 |
| Total loans | 672,448,000 | 677,293,000 | 680,442,000 | 698,573,000 |
| Allowance for loan losses | 7,943,000 | 8,008,000 | 7,958,000 | 8,024,000 |
| Securities available for sale | 368,439,000 | 350,135,000 | 335,647,000 | 336,529,000 |
| Securities held to maturity | 6,909,000 | 8,633,000 | 8,482,000 | 8,967,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,009,825,000 | 961,728,000 | 1,006,117,000 | 968,333,000 |
| Interest-bearing deposits | 705,746,000 | 676,477,000 | 724,249,000 | 671,882,000 |
| Noninterest-bearing deposits | 304,079,000 | 285,251,000 | 281,868,000 | 296,451,000 |
| Equity capital | 75,379,000 | 71,833,000 | 66,145,000 | 76,969,000 |
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 | 9,134,000 | 18,364,000 | 27,862,000 | 37,677,000 |
| Interest expense | 1,691,000 | 4,570,000 | 8,244,000 | 12,636,000 |
| Net interest income | 7,443,000 | 13,794,000 | 19,618,000 | 25,041,000 |
| Noninterest income | 1,281,000 | 2,583,000 | 3,926,000 | 5,271,000 |
| Noninterest expense | 5,321,000 | 10,830,000 | 16,316,000 | 21,925,000 |
| Provision for loan losses | 0 | 75,000 | 75,000 | 125,000 |
| Pretax income | 3,371,000 | 5,415,000 | 7,096,000 | 7,852,000 |
| Income tax | 696,000 | 1,051,000 | 1,286,000 | 1,393,000 |
| Net income | 2,675,000 | 4,364,000 | 5,810,000 | 6,459,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 110,461,000 | 111,085,000 | 111,466,000 | 111,050,000 |