Call reports 2022
SYNERGY BANK — 2022
What SYNERGY 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 | 878,910,000 | 856,305,000 | 848,037,000 | 811,027,000 |
| Total loans | 370,053,000 | 387,645,000 | 415,891,000 | 438,315,000 |
| Allowance for loan losses | 7,568,000 | 7,828,000 | 8,583,000 | 8,779,000 |
| Securities available for sale | 240,825,000 | 103,496,000 | 114,730,000 | 120,154,000 |
| Securities held to maturity | 187,628,000 | 201,827,000 | 207,957,000 | 214,176,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 797,104,000 | 773,069,000 | 763,917,000 | 727,292,000 |
| Interest-bearing deposits | 529,339,000 | 522,062,000 | 511,591,000 | 489,167,000 |
| Noninterest-bearing deposits | 267,765,000 | 251,007,000 | 252,326,000 | 238,125,000 |
| Equity capital | 78,464,000 | 80,161,000 | 80,739,000 | 80,513,000 |
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 | 5,831,000 | 12,310,000 | 19,825,000 | 27,914,000 |
| Interest expense | 407,000 | 838,000 | 1,447,000 | 2,246,000 |
| Net interest income | 5,424,000 | 11,472,000 | 18,378,000 | 25,668,000 |
| Noninterest income | 1,255,000 | 2,503,000 | 3,796,000 | 4,986,000 |
| Noninterest expense | 3,848,000 | 7,734,000 | 11,652,000 | 15,587,000 |
| Provision for loan losses | -2,799,000 | -2,541,000 | -1,791,000 | -1,575,000 |
| Pretax income | 5,630,000 | 8,782,000 | 12,313,000 | 16,642,000 |
| Income tax | 1,167,000 | 1,815,000 | 2,542,000 | 3,435,000 |
| Net income | 4,463,000 | 6,967,000 | 9,771,000 | 13,207,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 81,292,000 | 83,826,000 | 86,656,000 | 85,623,000 |