Call reports 2022
FIRST STATE BANK OF FORSYTH — 2022
What FIRST STATE BANK OF FORSYTH 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 | 151,774,000 | 151,297,000 | 151,622,000 | 146,251,000 |
| Total loans | 63,467,000 | 66,204,000 | 66,879,000 | 67,005,000 |
| Allowance for loan losses | 1,843,000 | 1,990,000 | 1,552,000 | 1,615,000 |
| Securities available for sale | 79,369,000 | 79,410,000 | 75,210,000 | 70,982,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 133,319,000 | 129,877,000 | 127,409,000 | 131,071,000 |
| Interest-bearing deposits | 102,471,000 | 100,002,000 | 101,159,000 | 104,591,000 |
| Noninterest-bearing deposits | 30,848,000 | 29,875,000 | 26,250,000 | 26,480,000 |
| Equity capital | 12,457,000 | 11,113,000 | 11,627,000 | 9,312,000 |
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 | 1,206,000 | 2,509,000 | 3,881,000 | 5,411,000 |
| Interest expense | 114,000 | 230,000 | 401,000 | 624,000 |
| Net interest income | 1,092,000 | 2,279,000 | 3,480,000 | 4,787,000 |
| Noninterest income | 68,000 | 126,000 | 192,000 | 188,000 |
| Noninterest expense | 592,000 | 1,193,000 | 1,910,000 | 2,591,000 |
| Provision for loan losses | 210,000 | 660,000 | 960,000 | 1,020,000 |
| Pretax income | 358,000 | 552,000 | 787,000 | 1,349,000 |
| Income tax | 80,000 | 50,000 | 82,000 | 194,000 |
| Net income | 278,000 | 502,000 | 705,000 | 1,155,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,569,000 | 16,793,000 | 16,996,000 | 16,246,000 |