Call reports 2022
SWEET WATER STATE BANK — 2022
What SWEET WATER STATE 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 | 118,789,000 | 117,986,000 | 117,664,000 | 123,529,000 |
| Total loans | 58,263,000 | 57,507,000 | 58,227,000 | 60,350,000 |
| Allowance for loan losses | 940,000 | 966,000 | 986,000 | 910,000 |
| Securities available for sale | 20,661,000 | 19,402,000 | 18,385,000 | 18,774,000 |
| Securities held to maturity | 1,100,000 | 11,146,000 | 11,192,000 | 11,239,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 106,696,000 | 106,639,000 | 106,671,000 | 111,956,000 |
| Interest-bearing deposits | 68,535,000 | 69,123,000 | 67,743,000 | 74,628,000 |
| Noninterest-bearing deposits | 38,161,000 | 37,516,000 | 38,928,000 | 37,328,000 |
| Equity capital | 9,860,000 | 9,030,000 | 8,607,000 | 9,326,000 |
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 | 1,120,000 | 2,291,000 | 3,490,000 | 4,899,000 |
| Interest expense | 48,000 | 110,000 | 169,000 | 259,000 |
| Net interest income | 1,072,000 | 2,181,000 | 3,321,000 | 4,640,000 |
| Noninterest income | 208,000 | 343,000 | 468,000 | 382,000 |
| Noninterest expense | 866,000 | 1,762,000 | 2,709,000 | 3,735,000 |
| Provision for loan losses | 60,000 | 60,000 | 60,000 | 223,000 |
| Pretax income | 354,000 | 702,000 | 1,020,000 | 1,064,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 354,000 | 702,000 | 1,020,000 | 1,064,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,710,000 | 11,785,000 | 12,104,000 | 12,144,000 |