Call reports 2022
NORTHWEST BANK OF ROCKFORD — 2022
What NORTHWEST BANK OF ROCKFORD 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 | 367,976,000 | 350,477,000 | 371,982,000 | 361,181,000 |
| Total loans | 225,611,000 | 229,876,000 | 249,581,000 | 257,896,000 |
| Allowance for loan losses | 2,778,000 | 2,832,000 | 2,824,000 | 3,345,000 |
| Securities available for sale | 90,433,000 | 88,745,000 | 84,160,000 | 75,990,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 328,583,000 | 315,249,000 | 331,391,000 | 325,180,000 |
| Interest-bearing deposits | 235,175,000 | 227,879,000 | 255,796,000 | 243,778,000 |
| Noninterest-bearing deposits | 93,408,000 | 87,369,000 | 75,595,000 | 81,402,000 |
| Equity capital | 30,997,000 | 28,136,000 | 27,904,000 | 29,200,000 |
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 | 3,040,000 | 6,260,000 | 9,884,000 | 14,127,000 |
| Interest expense | 240,000 | 411,000 | 670,000 | 1,352,000 |
| Net interest income | 2,800,000 | 5,849,000 | 9,214,000 | 12,775,000 |
| Noninterest income | 1,209,000 | 2,545,000 | 3,735,000 | 4,625,000 |
| Noninterest expense | 2,867,000 | 5,691,000 | 8,558,000 | 11,206,000 |
| Provision for loan losses | 5,000 | 72,000 | 138,000 | 686,000 |
| Pretax income | 1,161,000 | 2,659,000 | 4,281,000 | 5,311,000 |
| Income tax | 278,000 | 649,000 | 1,058,000 | 1,310,000 |
| Net income | 883,000 | 2,010,000 | 3,223,000 | 4,001,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 34,306,000 | 35,253,000 | 36,231,000 | 36,762,000 |