Call reports 2023
WALDO STATE BANK — 2023
What WALDO STATE 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 | 108,575,000 | 114,192,000 | 121,890,000 | 128,488,000 |
| Total loans | 81,821,000 | 88,018,000 | 94,180,000 | 100,464,000 |
| Allowance for loan losses | 938,000 | 939,000 | 924,000 | 931,000 |
| Securities available for sale | 17,863,000 | 17,437,000 | 16,700,000 | 17,332,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 87,871,000 | 93,104,000 | 95,156,000 | 101,150,000 |
| Interest-bearing deposits | 77,702,000 | 80,018,000 | 82,964,000 | 87,279,000 |
| Noninterest-bearing deposits | 10,169,000 | 13,086,000 | 12,192,000 | 13,871,000 |
| Equity capital | 11,915,000 | 11,911,000 | 11,625,000 | 12,206,000 |
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 | 1,147,000 | 2,443,000 | 3,886,000 | 5,485,000 |
| Interest expense | 300,000 | 783,000 | 1,364,000 | 2,039,000 |
| Net interest income | 847,000 | 1,660,000 | 2,522,000 | 3,446,000 |
| Noninterest income | 115,000 | 187,000 | 276,000 | 356,000 |
| Noninterest expense | 764,000 | 1,561,000 | 2,316,000 | 3,133,000 |
| Provision for loan losses | 7,000 | 10,000 | 10,000 | 10,000 |
| Pretax income | 191,000 | 276,000 | 472,000 | 659,000 |
| Income tax | 31,000 | 55,000 | 95,000 | 366,000 |
| Net income | 160,000 | 221,000 | 377,000 | 293,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,424,000 | 13,483,000 | 13,638,000 | 13,474,000 |