Call reports 2022
FIRST NATIONAL BANK OF ALLENDALE, THE — 2022
What FIRST NATIONAL BANK OF ALLENDALE, THE 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 | 340,790,000 | 340,955,000 | 349,022,000 | 351,995,000 |
| Total loans | 204,627,000 | 217,073,000 | 223,908,000 | 238,610,000 |
| Allowance for loan losses | 2,385,000 | 2,479,000 | 2,373,000 | 2,372,000 |
| Securities available for sale | 93,318,000 | 89,112,000 | 86,324,000 | 83,732,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 307,588,000 | 312,731,000 | 310,702,000 | 305,342,000 |
| Interest-bearing deposits | 234,873,000 | 238,404,000 | 238,513,000 | 233,946,000 |
| Noninterest-bearing deposits | 72,715,000 | 74,327,000 | 72,189,000 | 71,396,000 |
| Equity capital | 28,184,000 | 24,754,000 | 24,574,000 | 26,361,000 |
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 | 2,572,000 | 5,373,000 | 8,427,000 | 11,768,000 |
| Interest expense | 274,000 | 539,000 | 983,000 | 1,785,000 |
| Net interest income | 2,298,000 | 4,834,000 | 7,444,000 | 9,983,000 |
| Noninterest income | 294,000 | 614,000 | 918,000 | 1,186,000 |
| Noninterest expense | 1,745,000 | 3,468,000 | 5,221,000 | 6,893,000 |
| Provision for loan losses | 75,000 | 150,000 | 175,000 | 250,000 |
| Pretax income | 772,000 | 1,830,000 | 2,966,000 | 4,026,000 |
| Income tax | 164,000 | 417,000 | 698,000 | 967,000 |
| Net income | 608,000 | 1,413,000 | 2,268,000 | 3,059,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,389,000 | 31,773,000 | 32,630,000 | 32,999,000 |