Call reports 2022
BANK OF THE MOUNTAINS, INC. — 2022
What BANK OF THE MOUNTAINS, INC. 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 | 86,931,000 | 87,767,000 | 88,887,000 | 90,986,000 |
| Total loans | 53,755,000 | 53,987,000 | 54,031,000 | 53,158,000 |
| Allowance for loan losses | 822,000 | 776,000 | 730,000 | 728,000 |
| Securities available for sale | 8,820,000 | 10,720,000 | 10,462,000 | 11,526,000 |
| Securities held to maturity | 0 | 0 | 1,000,000 | 2,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 77,700,000 | 78,561,000 | 79,868,000 | 81,120,000 |
| Interest-bearing deposits | 49,825,000 | 43,269,000 | 50,689,000 | 52,925,000 |
| Noninterest-bearing deposits | 27,875,000 | 35,292,000 | 29,179,000 | 28,195,000 |
| Equity capital | 8,236,000 | 8,111,000 | 7,881,000 | 8,163,000 |
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 | 877,000 | 1,806,000 | 2,793,000 | 3,842,000 |
| Interest expense | 74,000 | 148,000 | 220,000 | 302,000 |
| Net interest income | 803,000 | 1,658,000 | 2,573,000 | 3,540,000 |
| Noninterest income | 150,000 | 292,000 | 462,000 | 646,000 |
| Noninterest expense | 797,000 | 1,596,000 | 2,460,000 | 3,311,000 |
| Provision for loan losses | 0 | 0 | 0 | 50,000 |
| Pretax income | 156,000 | 354,000 | 575,000 | 825,000 |
| Income tax | 40,000 | 92,000 | 151,000 | 207,000 |
| Net income | 116,000 | 262,000 | 424,000 | 618,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,152,000 | 8,493,000 | 8,465,000 | 8,659,000 |
| Total capital | 8,862,000 | 9,209,000 | 9,155,000 | 9,387,000 |
| Risk-weighted assets | 56,698,000 | 57,262,000 | 55,178,000 | 63,642,000 |