Call reports 2022
FIRST INDEPENDENT BANK — 2022
What FIRST 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 | 125,322,000 | 128,044,000 | 126,893,000 | 125,919,000 |
| Total loans | 57,916,000 | 58,799,000 | 59,640,000 | 63,267,000 |
| Allowance for loan losses | 761,000 | 760,000 | 797,000 | 845,000 |
| Securities available for sale | 44,154,000 | 43,954,000 | 42,173,000 | 41,347,000 |
| Securities held to maturity | 8,697,000 | 10,097,000 | 10,227,000 | 10,192,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 114,196,000 | 117,612,000 | 117,225,000 | 114,607,000 |
| Interest-bearing deposits | 85,199,000 | 88,059,000 | 86,860,000 | 86,577,000 |
| Noninterest-bearing deposits | 28,997,000 | 29,553,000 | 30,365,000 | 28,030,000 |
| Equity capital | 10,968,000 | 10,298,000 | 9,498,000 | 10,058,000 |
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 | 892,000 | 1,859,000 | 2,866,000 | 3,930,000 |
| Interest expense | 103,000 | 206,000 | 314,000 | 462,000 |
| Net interest income | 789,000 | 1,653,000 | 2,552,000 | 3,468,000 |
| Noninterest income | 124,000 | 243,000 | 361,000 | 481,000 |
| Noninterest expense | 744,000 | 1,462,000 | 2,202,000 | 2,929,000 |
| Provision for loan losses | 18,000 | 22,000 | 30,000 | 62,000 |
| Pretax income | 151,000 | 412,000 | 681,000 | 958,000 |
| Income tax | 29,000 | 77,000 | 130,000 | 184,000 |
| Net income | 122,000 | 335,000 | 551,000 | 774,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,745,000 | 12,958,000 | 13,174,000 | 13,397,000 |