Call reports 2022
CLEAR MOUNTAIN BANK, INC. — 2022
What CLEAR MOUNTAIN BANK, INC. reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 870,612,000 | 856,428,000 | 853,099,000 | 880,734,000 |
| Total loans | 542,021,000 | 553,970,000 | 567,541,000 | 592,866,000 |
| Allowance for loan losses | 9,749,000 | 9,866,000 | 9,626,000 | 9,654,000 |
| Securities available for sale | 221,740,000 | 221,677,000 | 206,223,000 | 211,222,000 |
| Securities held to maturity | 19,980,000 | 19,313,000 | 18,421,000 | 17,797,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 776,295,000 | 770,512,000 | 770,932,000 | 766,907,000 |
| Interest-bearing deposits | 492,391,000 | 485,474,000 | 483,151,000 | 491,430,000 |
| Noninterest-bearing deposits | 283,904,000 | 285,038,000 | 287,781,000 | 275,477,000 |
| Equity capital | 88,073,000 | 79,576,000 | 71,798,000 | 79,396,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 7,276,000 | 14,840,000 | 23,030,000 | 31,998,000 |
| Interest expense | 549,000 | 1,123,000 | 1,847,000 | 2,998,000 |
| Net interest income | 6,727,000 | 13,717,000 | 21,183,000 | 29,000,000 |
| Noninterest income | 1,821,000 | 3,674,000 | 5,572,000 | 7,392,000 |
| Noninterest expense | 5,692,000 | 11,712,000 | 18,026,000 | 24,851,000 |
| Provision for loan losses | 50,000 | 190,000 | 50,000 | 130,000 |
| Pretax income | 2,806,000 | 5,349,000 | 8,581,000 | 11,313,000 |
| Income tax | 576,000 | 1,026,000 | 1,690,000 | 2,234,000 |
| Net income | 2,230,000 | 4,323,000 | 6,891,000 | 9,079,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 99,969,000 | 101,913,000 | 104,331,000 | 106,218,000 |