Call reports 2022
ULSTER SAVINGS BANK — 2022
What ULSTER SAVINGS 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 | 1,283,610,000 | 1,261,735,000 | 1,214,033,000 | 1,247,761,000 |
| Total loans | 810,938,000 | 843,775,000 | 888,881,000 | 942,264,000 |
| Allowance for loan losses | 10,491,000 | 10,513,000 | 10,784,000 | 10,604,000 |
| Securities available for sale | 187,576,000 | 178,330,000 | 187,970,000 | 189,687,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,167,417,000 | 1,152,200,000 | 1,110,789,000 | 1,078,866,000 |
| Interest-bearing deposits | 957,211,000 | 941,405,000 | 892,778,000 | 875,244,000 |
| Noninterest-bearing deposits | 210,206,000 | 210,795,000 | 218,011,000 | 203,622,000 |
| Equity capital | 108,583,000 | 103,636,000 | 97,662,000 | 100,279,000 |
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 | 8,444,000 | 17,219,000 | 27,675,000 | 38,314,000 |
| Interest expense | 720,000 | 1,401,000 | 2,062,000 | 3,171,000 |
| Net interest income | 7,724,000 | 15,818,000 | 25,613,000 | 35,143,000 |
| Noninterest income | 3,454,000 | 6,950,000 | 10,364,000 | 13,558,000 |
| Noninterest expense | 10,129,000 | 20,243,000 | 30,723,000 | 40,982,000 |
| Provision for loan losses | 0 | 0 | 269,000 | 269,000 |
| Pretax income | 1,049,000 | 2,525,000 | 4,985,000 | 7,450,000 |
| Income tax | 188,000 | 466,000 | 949,000 | 1,365,000 |
| Net income | 861,000 | 2,059,000 | 4,036,000 | 6,085,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 115,834,000 | 117,037,000 | 119,021,000 | 121,182,000 |
| Total capital | 125,833,000 | 127,442,000 | 129,826,000 | 131,807,000 |
| Risk-weighted assets | 799,449,000 | 832,339,000 | 871,414,000 | 912,352,000 |