Call reports 2022
FIRST INDEPENDENCE BANK — 2022
What FIRST INDEPENDENCE 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 | 396,316,000 | 457,752,000 | 469,349,000 | 468,425,000 |
| Total loans | 198,085,000 | 228,531,000 | 256,541,000 | 268,824,000 |
| Allowance for loan losses | 2,292,000 | 2,547,000 | 2,803,000 | 2,683,000 |
| Securities available for sale | 69,301,000 | 84,931,000 | 93,670,000 | 95,994,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 291,792,000 | 350,269,000 | 363,850,000 | 358,084,000 |
| Interest-bearing deposits | 183,734,000 | 211,261,000 | 234,913,000 | 213,973,000 |
| Noninterest-bearing deposits | 108,058,000 | 139,008,000 | 128,937,000 | 144,111,000 |
| Equity capital | 36,268,000 | 34,588,000 | 32,021,000 | 36,823,000 |
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 | 2,716,000 | 5,829,000 | 9,594,000 | 13,984,000 |
| Interest expense | 463,000 | 1,036,000 | 1,988,000 | 3,473,000 |
| Net interest income | 2,253,000 | 4,793,000 | 7,606,000 | 10,511,000 |
| Noninterest income | 6,893,000 | 13,394,000 | 20,601,000 | 27,352,000 |
| Noninterest expense | 8,131,000 | 16,424,000 | 25,062,000 | 33,962,000 |
| Provision for loan losses | 250,000 | 500,000 | 750,000 | 625,000 |
| Pretax income | 765,000 | 1,263,000 | 2,395,000 | 3,276,000 |
| Income tax | 72,000 | 107,000 | 247,000 | 351,000 |
| Net income | 269,000 | 393,000 | 920,000 | 1,309,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 45,052,000 | 45,186,000 | 45,769,000 | 50,596,000 |