Call reports 2022
BLUE FOUNDRY BANK — 2022
What BLUE FOUNDRY BANK 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 | 1,937,918,000 | 1,958,581,000 | 2,008,816,000 | 2,040,012,000 |
| Total loans | 1,341,486,000 | 1,428,273,000 | 1,494,437,000 | 1,545,127,000 |
| Allowance for loan losses | 13,465,000 | 14,050,000 | 13,600,000 | 13,400,000 |
| Securities available for sale | 375,614,000 | 352,183,000 | 321,320,000 | 314,248,000 |
| Securities held to maturity | 29,838,000 | 29,793,000 | 30,750,000 | 33,705,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,407,783,000 | 1,417,428,000 | 1,382,173,000 | 1,394,637,000 |
| Interest-bearing deposits | 1,244,001,000 | 1,250,159,000 | 1,217,586,000 | 1,248,644,000 |
| Noninterest-bearing deposits | 163,782,000 | 167,269,000 | 164,587,000 | 145,993,000 |
| Equity capital | 284,214,000 | 276,488,000 | 269,583,000 | 274,211,000 |
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 | 14,160,000 | 29,145,000 | 45,917,000 | 63,583,000 |
| Interest expense | 1,831,000 | 3,723,000 | 6,459,000 | 11,279,000 |
| Net interest income | 12,329,000 | 25,422,000 | 39,458,000 | 52,304,000 |
| Noninterest income | 361,000 | 761,000 | 1,082,000 | 1,479,000 |
| Noninterest expense | 12,874,000 | 25,474,000 | 38,410,000 | 50,408,000 |
| Provision for loan losses | -952,000 | -358,000 | -777,000 | -1,001,000 |
| Pretax income | 768,000 | 1,081,000 | 2,921,000 | 4,390,000 |
| Income tax | 63,000 | 88,000 | 254,000 | 380,000 |
| Net income | 705,000 | 993,000 | 2,667,000 | 4,010,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 294,267,000 | 294,605,000 | 296,377,000 | 298,132,000 |
| Total capital | 309,562,000 | 310,377,000 | 311,869,000 | 313,221,000 |
| Risk-weighted assets | 1,228,845,000 | 1,320,813,000 | 1,384,086,000 | 1,429,949,000 |