Call reports 2022
UTAH INDEPENDENT BANK — 2022
What UTAH INDEPENDENT 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 | 139,320,000 | 142,869,000 | 141,449,000 | 135,611,000 |
| Total loans | 74,415,000 | 71,548,000 | 71,188,000 | 73,683,000 |
| Allowance for loan losses | 950,000 | 977,000 | 1,023,000 | 1,067,000 |
| Securities available for sale | 22,086,000 | 22,263,000 | 22,606,000 | 23,753,000 |
| Securities held to maturity | 1,441,000 | 1,354,000 | 1,269,000 | 1,050,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 122,158,000 | 125,891,000 | 124,338,000 | 119,032,000 |
| Interest-bearing deposits | 74,617,000 | 78,907,000 | 74,998,000 | 73,065,000 |
| Noninterest-bearing deposits | 47,541,000 | 46,984,000 | 49,340,000 | 45,967,000 |
| Equity capital | 15,581,000 | 15,382,000 | 15,495,000 | 15,012,000 |
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 | 1,254,000 | 2,551,000 | 4,030,000 | 5,758,000 |
| Interest expense | 30,000 | 61,000 | 97,000 | 146,000 |
| Net interest income | 1,224,000 | 2,490,000 | 3,933,000 | 5,612,000 |
| Noninterest income | 132,000 | 280,000 | 503,000 | 672,000 |
| Noninterest expense | 781,000 | 1,648,000 | 2,376,000 | 3,465,000 |
| Provision for loan losses | 30,000 | 75,000 | 120,000 | 165,000 |
| Pretax income | 545,000 | 1,047,000 | 1,940,000 | 2,648,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 545,000 | 1,047,000 | 1,940,000 | 2,648,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,768,000 | 17,270,000 | 18,163,000 | 17,537,000 |