Call reports 2022
CUMBERLAND SECURITY BANK, INC. — 2022
What CUMBERLAND SECURITY 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 | 295,066,000 | 296,073,000 | 314,175,000 | 299,994,000 |
| Total loans | 219,466,000 | 229,577,000 | 232,429,000 | 242,668,000 |
| Allowance for loan losses | 6,110,000 | 6,153,000 | 6,388,000 | 6,983,000 |
| Securities available for sale | 40,018,000 | 41,230,000 | 39,848,000 | 39,699,000 |
| Securities held to maturity | 0 | 0 | 3,000,000 | 5,991,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 258,297,000 | 258,955,000 | 276,749,000 | 262,065,000 |
| Interest-bearing deposits | 133,955,000 | 140,026,000 | 149,012,000 | 141,143,000 |
| Noninterest-bearing deposits | 124,342,000 | 118,929,000 | 127,737,000 | 120,922,000 |
| Equity capital | 36,209,000 | 36,313,000 | 36,557,000 | 37,433,000 |
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 | 2,787,000 | 5,807,000 | 9,127,000 | 12,768,000 |
| Interest expense | 52,000 | 112,000 | 190,000 | 294,000 |
| Net interest income | 2,735,000 | 5,695,000 | 8,937,000 | 12,474,000 |
| Noninterest income | 691,000 | 1,427,000 | 2,212,000 | 2,905,000 |
| Noninterest expense | 1,698,000 | 3,407,000 | 5,156,000 | 6,860,000 |
| Provision for loan losses | 45,000 | 90,000 | 325,000 | 940,000 |
| Pretax income | 1,683,000 | 3,625,000 | 5,668,000 | 7,579,000 |
| Income tax | 4,000 | 7,000 | 11,000 | 15,000 |
| Net income | 1,679,000 | 3,618,000 | 5,657,000 | 7,564,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 37,562,000 | 38,101,000 | 39,140,000 | 39,546,000 |
| Total capital | 40,129,000 | 40,810,000 | 41,885,000 | 42,358,000 |
| Risk-weighted assets | 201,779,000 | 213,267,000 | 215,953,000 | 220,819,000 |