Call reports 2022
DRAKE BANK — 2022
What DRAKE 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 | 183,244,000 | 189,323,000 | 195,656,000 | 205,907,000 |
| Total loans | 132,974,000 | 142,715,000 | 148,842,000 | 161,315,000 |
| Allowance for loan losses | 1,670,000 | 1,670,000 | 1,670,000 | 1,669,000 |
| Securities available for sale | 36,908,000 | 35,360,000 | 33,396,000 | 33,835,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 155,431,000 | 162,398,000 | 170,926,000 | 180,567,000 |
| Interest-bearing deposits | 104,574,000 | 105,662,000 | 106,247,000 | 131,606,000 |
| Noninterest-bearing deposits | 50,857,000 | 56,736,000 | 64,679,000 | 48,961,000 |
| Equity capital | 16,152,000 | 15,258,000 | 14,081,000 | 14,721,000 |
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 | 1,897,000 | 3,906,000 | 6,153,000 | 8,812,000 |
| Interest expense | 186,000 | 386,000 | 744,000 | 1,297,000 |
| Net interest income | 1,711,000 | 3,520,000 | 5,409,000 | 7,515,000 |
| Noninterest income | 54,000 | 121,000 | 184,000 | 254,000 |
| Noninterest expense | 1,588,000 | 3,194,000 | 4,889,000 | 6,728,000 |
| Provision for loan losses | -250,000 | -250,000 | -250,000 | -250,000 |
| Pretax income | 427,000 | 697,000 | 954,000 | 1,291,000 |
| Income tax | 0 | 60,000 | 99,000 | 99,000 |
| Net income | 427,000 | 637,000 | 855,000 | 1,192,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,634,000 | 18,685,000 | 18,904,000 | 18,988,000 |