Call reports 2022
FIRST RESOURCE BANK — 2022
What FIRST RESOURCE 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 | 368,712,000 | 399,936,000 | 431,498,000 | 484,660,000 |
| Total loans | 318,255,000 | 366,713,000 | 389,508,000 | 424,039,000 |
| Allowance for loan losses | 3,624,000 | 3,929,000 | 4,311,000 | 4,642,000 |
| Securities available for sale | 21,490,000 | 21,047,000 | 20,505,000 | 28,453,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 332,214,000 | 330,389,000 | 393,779,000 | 412,658,000 |
| Interest-bearing deposits | 266,149,000 | 263,048,000 | 312,743,000 | 320,167,000 |
| Noninterest-bearing deposits | 66,065,000 | 67,341,000 | 81,036,000 | 92,491,000 |
| Equity capital | 35,263,000 | 35,899,000 | 36,466,000 | 48,370,000 |
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 | 3,157,000 | 6,886,000 | 11,044,000 | 16,125,000 |
| Interest expense | 290,000 | 627,000 | 1,476,000 | 2,678,000 |
| Net interest income | 2,867,000 | 6,259,000 | 9,568,000 | 13,447,000 |
| Noninterest income | 145,000 | 323,000 | 680,000 | 1,069,000 |
| Noninterest expense | 2,001,000 | 4,055,000 | 6,213,000 | 8,970,000 |
| Provision for loan losses | 160,000 | 460,000 | 845,000 | 1,145,000 |
| Pretax income | 851,000 | 2,067,000 | 3,190,000 | 4,451,000 |
| Income tax | 241,000 | 587,000 | 884,000 | 1,232,000 |
| Net income | 610,000 | 1,480,000 | 2,306,000 | 3,219,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,533,000 | 34,410,000 | 35,246,000 | 43,770,000 |
| Total capital | 36,994,000 | 38,339,000 | 39,474,000 | 48,412,000 |
| Risk-weighted assets | 276,731,000 | 323,481,000 | 338,232,000 | 382,711,000 |