Call reports 2023
HARVARD STATE BANK, THE — 2023
What HARVARD STATE BANK, THE 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 | 300,042,000 | 305,186,000 | 305,805,000 | 310,343,000 |
| Total loans | 157,749,000 | 164,673,000 | 171,337,000 | 173,369,000 |
| Allowance for loan losses | 1,889,000 | 1,886,000 | 1,886,000 | 1,809,000 |
| Securities available for sale | 120,275,000 | 116,242,000 | 110,345,000 | 112,971,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 277,521,000 | 273,971,000 | 276,841,000 | 280,233,000 |
| Interest-bearing deposits | 206,886,000 | 210,715,000 | 212,942,000 | 215,000,000 |
| Noninterest-bearing deposits | 70,635,000 | 63,256,000 | 63,899,000 | 65,233,000 |
| Equity capital | 18,668,000 | 18,257,000 | 15,187,000 | 20,258,000 |
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 | 2,776,000 | 5,917,000 | 9,115,000 | 12,362,000 |
| Interest expense | 712,000 | 1,869,000 | 3,196,000 | 4,627,000 |
| Net interest income | 2,064,000 | 4,048,000 | 5,919,000 | 7,735,000 |
| Noninterest income | 214,000 | 493,000 | 730,000 | 967,000 |
| Noninterest expense | 1,670,000 | 3,567,000 | 5,469,000 | 7,374,000 |
| Provision for loan losses | 30,000 | 60,000 | 60,000 | 0 |
| Pretax income | 550,000 | 858,000 | 1,064,000 | 1,237,000 |
| Income tax | 5,000 | 13,000 | 20,000 | 28,000 |
| Net income | 545,000 | 845,000 | 1,044,000 | 1,209,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,692,000 | 27,783,000 | 27,605,000 | 27,771,000 |
| Total capital | 29,633,000 | 29,720,000 | 29,542,000 | 29,667,000 |
| Risk-weighted assets | 182,715,000 | 183,181,000 | 185,337,000 | 191,585,000 |