Call reports 2022
STUDIO BANK — 2022
What STUDIO 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 | 661,637,000 | 768,976,000 | 730,827,000 | 819,912,000 |
| Total loans | 440,423,000 | 518,780,000 | 583,031,000 | 647,217,000 |
| Allowance for loan losses | 4,986,000 | 5,915,000 | 6,678,000 | 7,396,000 |
| Securities available for sale | 59,235,000 | 69,385,000 | 54,318,000 | 53,837,000 |
| Securities held to maturity | 33,975,000 | 33,277,000 | 46,970,000 | 46,267,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 590,653,000 | 689,600,000 | 613,957,000 | 715,111,000 |
| Interest-bearing deposits | 415,632,000 | 503,448,000 | 428,789,000 | 535,345,000 |
| Noninterest-bearing deposits | 175,021,000 | 186,152,000 | 185,168,000 | 179,766,000 |
| Equity capital | 65,100,000 | 69,251,000 | 85,190,000 | 87,665,000 |
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 | 5,235,000 | 11,346,000 | 19,087,000 | 28,424,000 |
| Interest expense | 360,000 | 899,000 | 2,124,000 | 4,977,000 |
| Net interest income | 4,875,000 | 10,447,000 | 16,963,000 | 23,447,000 |
| Noninterest income | 1,230,000 | 2,246,000 | 3,034,000 | 3,822,000 |
| Noninterest expense | 4,673,000 | 9,357,000 | 14,066,000 | 18,594,000 |
| Provision for loan losses | 500,000 | 1,429,000 | 2,192,000 | 2,910,000 |
| Pretax income | 932,000 | 1,907,000 | 3,739,000 | 5,765,000 |
| Income tax | 198,000 | 377,000 | 829,000 | 893,000 |
| Net income | 734,000 | 1,530,000 | 2,910,000 | 4,872,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 67,924,000 | 74,295,000 | 93,325,000 | 95,287,000 |
| Total capital | 72,910,000 | 80,210,000 | 100,003,000 | 102,683,000 |
| Risk-weighted assets | 503,164,000 | 578,482,000 | 635,816,000 | 695,639,000 |