earnings
confidence medium
sentiment positive
materiality 0.55
John Marshall Bancorp Q1 2023: No nonperforming loans for 14th straight quarter
John Marshall Bancorp, Inc.
2023-Q1 EPS reported
$0.44
- No nonperforming loans, no other real estate owned, no loans 30+ days past due for 14th consecutive quarter.
- Wholesale funding reduced $3.8M (1.0%) in Q1; core funding increased to 81.1% of total funding.
- Liquidity position $852.6M as of March 31, 2023; only 36% of deposits uninsured or uncollateralized.
- Bank had no borrowings; capital ratios improved versus Q4 2022 and Q1 2022, well above well-capitalized thresholds.
- No charge-offs during the quarter; BTFP approved but not utilized.