Call reports 2023
LUSITANIA SAVINGS BANK — 2023
What LUSITANIA SAVINGS 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 | 384,229,000 | 382,716,000 | 379,833,000 | 383,171,000 |
| Total loans | 178,059,000 | 180,141,000 | 186,697,000 | 200,944,000 |
| Allowance for loan losses | 2,416,000 | 2,416,000 | 2,387,000 | 2,426,000 |
| Securities available for sale | 29,755,000 | 28,989,000 | 25,432,000 | 26,109,000 |
| Securities held to maturity | 96,556,000 | 97,206,000 | 100,970,000 | 97,509,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 324,373,000 | 323,495,000 | 321,574,000 | 318,600,000 |
| Interest-bearing deposits | 266,014,000 | 265,658,000 | 264,573,000 | 265,588,000 |
| Noninterest-bearing deposits | 58,359,000 | 57,837,000 | 57,001,000 | 53,012,000 |
| Equity capital | 54,860,000 | 55,092,000 | 54,719,000 | 55,720,000 |
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 | 2,369,000 | 4,912,000 | 7,584,000 | 10,440,000 |
| Interest expense | 386,000 | 1,042,000 | 1,861,000 | 2,834,000 |
| Net interest income | 1,983,000 | 3,870,000 | 5,723,000 | 7,606,000 |
| Noninterest income | 133,000 | 275,000 | 420,000 | 544,000 |
| Noninterest expense | 1,056,000 | 2,656,000 | 4,194,000 | 6,043,000 |
| Provision for loan losses | 0 | 0 | -29,000 | 10,000 |
| Pretax income | 1,060,000 | 1,489,000 | 1,924,000 | 2,057,000 |
| Income tax | 306,000 | 422,000 | 558,000 | 593,000 |
| Net income | 754,000 | 1,067,000 | 1,366,000 | 1,464,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 58,197,000 | 58,511,000 | 58,810,000 | 58,908,000 |
| Total capital | 60,154,000 | 60,480,000 | 60,817,000 | 61,027,000 |
| Risk-weighted assets | 156,163,000 | 157,145,000 | 160,243,000 | 169,186,000 |