Call reports 2022
1ST EQUITY BANK — 2022
What 1ST EQUITY 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 | 136,343,000 | 126,652,000 | 117,938,000 | 134,612,000 |
| Total loans | 90,852,000 | 95,007,000 | 98,822,000 | 101,492,000 |
| Allowance for loan losses | 1,637,000 | 1,637,000 | 1,637,000 | 1,637,000 |
| Securities available for sale | 172,000 | 164,000 | 159,000 | 151,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 100,950,000 | 96,435,000 | 86,934,000 | 103,047,000 |
| Interest-bearing deposits | 90,158,000 | 83,532,000 | 77,018,000 | 88,977,000 |
| Noninterest-bearing deposits | 10,792,000 | 12,903,000 | 9,916,000 | 14,070,000 |
| Equity capital | 22,736,000 | 22,778,000 | 23,494,000 | 24,014,000 |
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 | 1,155,000 | 2,256,000 | 3,671,000 | 5,421,000 |
| Interest expense | 158,000 | 305,000 | 470,000 | 772,000 |
| Net interest income | 997,000 | 1,951,000 | 3,201,000 | 4,649,000 |
| Noninterest income | 97,000 | 224,000 | 458,000 | 653,000 |
| Noninterest expense | 671,000 | 1,377,000 | 2,143,000 | 3,253,000 |
| Provision for loan losses | 43,000 | 43,000 | 43,000 | 43,000 |
| Pretax income | 380,000 | 755,000 | 1,473,000 | 2,006,000 |
| Income tax | 5,000 | -16,000 | -12,000 | 0 |
| Net income | 375,000 | 771,000 | 1,485,000 | 2,006,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,714,000 | 21,758,000 | 22,476,000 | 22,999,000 |
| Total capital | 22,752,000 | 22,846,000 | 23,640,000 | 24,213,000 |
| Risk-weighted assets | 82,458,000 | 86,475,000 | 92,616,000 | 96,691,000 |