Call reports 2022
BANK OF THE LOWCOUNTRY — 2022
What BANK OF THE LOWCOUNTRY 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 | 297,713,000 | 294,571,000 | 287,331,000 | 275,716,000 |
| Total loans | 127,317,000 | 138,642,000 | 158,086,000 | 180,411,000 |
| Allowance for loan losses | 1,783,000 | 1,964,000 | 1,966,000 | 2,298,000 |
| Securities available for sale | 85,618,000 | 78,009,000 | 74,510,000 | 75,636,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 266,172,000 | 267,420,000 | 271,235,000 | 257,314,000 |
| Interest-bearing deposits | 222,052,000 | 220,757,000 | 222,369,000 | 211,601,000 |
| Noninterest-bearing deposits | 44,120,000 | 46,663,000 | 48,866,000 | 45,713,000 |
| Equity capital | 21,277,000 | 16,833,000 | 15,662,000 | 17,950,000 |
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 | 1,966,000 | 4,140,000 | 6,717,000 | 9,636,000 |
| Interest expense | 218,000 | 420,000 | 608,000 | 733,000 |
| Net interest income | 1,748,000 | 3,720,000 | 6,109,000 | 8,903,000 |
| Noninterest income | 134,000 | 269,000 | 752,000 | 877,000 |
| Noninterest expense | 1,539,000 | 3,191,000 | 5,048,000 | 6,905,000 |
| Provision for loan losses | 30,000 | 60,000 | 60,000 | 160,000 |
| Pretax income | 313,000 | 738,000 | 1,753,000 | 2,715,000 |
| Income tax | 23,000 | 23,000 | 277,000 | 443,000 |
| Net income | 290,000 | 715,000 | 1,476,000 | 2,272,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,782,000 | 27,207,000 | 27,968,000 | 28,764,000 |
| Total capital | 28,565,000 | 29,171,000 | 29,934,000 | 31,062,000 |
| Risk-weighted assets | 153,380,000 | 165,902,000 | 188,032,000 | 203,878,000 |