Call reports 2022
ALGONQUIN STATE BANK — 2022
What ALGONQUIN STATE 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 | 156,585,000 | 155,694,000 | 149,779,000 | 148,090,000 |
| Total loans | 81,613,000 | 87,769,000 | 84,614,000 | 87,110,000 |
| Allowance for loan losses | 639,000 | 640,000 | 606,000 | 622,000 |
| Securities available for sale | 58,798,000 | 56,611,000 | 52,590,000 | 48,369,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 144,071,000 | 142,662,000 | 138,954,000 | 137,778,000 |
| Interest-bearing deposits | 103,167,000 | 102,129,000 | 98,835,000 | 97,162,000 |
| Noninterest-bearing deposits | 40,904,000 | 40,533,000 | 40,119,000 | 40,616,000 |
| Equity capital | 12,293,000 | 9,766,000 | 6,485,000 | 7,095,000 |
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 | 1,001,000 | 2,070,000 | 3,304,000 | 4,749,000 |
| Interest expense | 11,000 | 24,000 | 51,000 | 105,000 |
| Net interest income | 990,000 | 2,046,000 | 3,253,000 | 4,644,000 |
| Noninterest income | 716,000 | 804,000 | 887,000 | 972,000 |
| Noninterest expense | 1,025,000 | 2,010,000 | 2,982,000 | 3,961,000 |
| Provision for loan losses | 0 | 0 | 25,000 | 40,000 |
| Pretax income | 681,000 | 840,000 | 1,133,000 | 1,566,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 681,000 | 840,000 | 1,133,000 | 1,566,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,865,000 | 17,025,000 | 16,968,000 | 17,401,000 |