Call reports 2023
BANK OF BUFFALO — 2023
What BANK OF BUFFALO 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 | 95,347,000 | 97,006,000 | 99,150,000 | 103,923,000 |
| Total loans | 61,642,000 | 65,046,000 | 68,256,000 | 71,161,000 |
| Allowance for loan losses | 531,000 | 539,000 | 539,000 | 592,000 |
| Securities available for sale | 28,362,000 | 28,039,000 | 27,689,000 | 27,997,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 79,562,000 | 79,765,000 | 79,767,000 | 84,311,000 |
| Interest-bearing deposits | 63,392,000 | 65,397,000 | 65,246,000 | 69,610,000 |
| Noninterest-bearing deposits | 16,170,000 | 14,368,000 | 14,521,000 | 14,701,000 |
| Equity capital | 7,359,000 | 7,267,000 | 7,392,000 | 7,829,000 |
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 | 1,110,000 | 2,303,000 | 3,584,000 | 4,998,000 |
| Interest expense | 352,000 | 804,000 | 1,348,000 | 1,984,000 |
| Net interest income | 758,000 | 1,499,000 | 2,236,000 | 3,014,000 |
| Noninterest income | 32,000 | 58,000 | 81,000 | 108,000 |
| Noninterest expense | 380,000 | 871,000 | 1,182,000 | 1,679,000 |
| Provision for loan losses | 66,000 | 66,000 | 66,000 | 116,000 |
| Pretax income | 344,000 | 620,000 | 1,069,000 | 1,327,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 344,000 | 620,000 | 1,069,000 | 1,327,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,924,000 | 9,200,000 | 9,649,000 | 9,352,000 |