Call reports 2022
AVANA BANK — 2022
What AVANA 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 | 49,385,000 | 38,404,000 | 38,893,000 | 37,740,000 |
| Total loans | 11,908,000 | 12,317,000 | 14,675,000 | 13,735,000 |
| Allowance for loan losses | 135,000 | 135,000 | 144,000 | 144,000 |
| Securities available for sale | 979,000 | 967,000 | 957,000 | 960,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 40,505,000 | 29,629,000 | 30,177,000 | 28,947,000 |
| Interest-bearing deposits | 24,405,000 | 17,476,000 | 17,242,000 | 14,810,000 |
| Noninterest-bearing deposits | 16,100,000 | 12,153,000 | 12,935,000 | 14,137,000 |
| Equity capital | 8,832,000 | 8,706,000 | 8,651,000 | 8,726,000 |
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 | 187,000 | 423,000 | 780,000 | 1,214,000 |
| Interest expense | 2,000 | 3,000 | 6,000 | 8,000 |
| Net interest income | 185,000 | 420,000 | 774,000 | 1,206,000 |
| Noninterest income | 35,000 | 72,000 | 105,000 | 131,000 |
| Noninterest expense | 301,000 | 717,000 | 1,140,000 | 1,525,000 |
| Provision for loan losses | 0 | 0 | 9,000 | 9,000 |
| Pretax income | -81,000 | -225,000 | -270,000 | -197,000 |
| Income tax | 0 | -27,000 | -27,000 | -27,000 |
| Net income | -81,000 | -198,000 | -243,000 | -170,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,575,000 | 6,460,000 | 6,395,000 | 6,474,000 |
| Total capital | 6,710,000 | 6,595,000 | 6,539,000 | 6,618,000 |
| Risk-weighted assets | 14,389,000 | 12,153,000 | 15,595,000 | 14,741,000 |