Call reports 2022
TANDEM BANK — 2022
What TANDEM 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 | 151,368,000 | 152,394,000 | 148,707,000 | 156,499,000 |
| Total loans | 80,443,000 | 93,358,000 | 103,771,000 | 119,398,000 |
| Allowance for loan losses | 1,005,000 | 1,183,000 | 1,482,000 | 1,607,000 |
| Securities available for sale | 15,598,000 | 20,850,000 | 25,003,000 | 25,594,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 133,106,000 | 134,749,000 | 131,210,000 | 138,428,000 |
| Interest-bearing deposits | 62,093,000 | 63,154,000 | 59,915,000 | 65,901,000 |
| Noninterest-bearing deposits | 71,013,000 | 71,595,000 | 71,295,000 | 72,527,000 |
| Equity capital | 17,226,000 | 16,571,000 | 16,380,000 | 16,537,000 |
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 | 1,023,000 | 2,242,000 | 3,823,000 | 5,724,000 |
| Interest expense | 43,000 | 85,000 | 143,000 | 250,000 |
| Net interest income | 980,000 | 2,157,000 | 3,680,000 | 5,474,000 |
| Noninterest income | 439,000 | 525,000 | 608,000 | 815,000 |
| Noninterest expense | 1,220,000 | 2,382,000 | 3,724,000 | 5,325,000 |
| Provision for loan losses | 59,000 | 235,000 | 235,000 | 360,000 |
| Pretax income | 140,000 | 65,000 | 329,000 | 604,000 |
| Income tax | 0 | 0 | 0 | 57,000 |
| Net income | 140,000 | 65,000 | 329,000 | 547,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,676,000 | 17,632,000 | 17,931,000 | 18,183,000 |
| Total capital | 18,681,000 | 18,815,000 | 19,400,000 | 19,788,000 |
| Risk-weighted assets | 95,410,000 | 105,534,000 | 117,516,000 | 128,292,000 |