Call reports 2022
FLAGSHIP BANK — 2022
What FLAGSHIP 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 | 480,882,000 | 504,183,000 | 504,464,000 | 558,007,000 |
| Total loans | 370,457,000 | 402,738,000 | 412,241,000 | 434,843,000 |
| Allowance for loan losses | 3,436,000 | 3,768,000 | 3,884,000 | 4,092,000 |
| Securities available for sale | 0 | 9,829,000 | 22,421,000 | 27,470,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 423,298,000 | 443,766,000 | 438,002,000 | 494,381,000 |
| Interest-bearing deposits | 235,393,000 | 238,508,000 | 235,853,000 | 296,327,000 |
| Noninterest-bearing deposits | 187,905,000 | 205,258,000 | 202,149,000 | 198,054,000 |
| Equity capital | 56,620,000 | 57,300,000 | 58,371,000 | 61,596,000 |
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 | 4,253,000 | 8,615,000 | 13,711,000 | 19,671,000 |
| Interest expense | 158,000 | 377,000 | 866,000 | 2,134,000 |
| Net interest income | 4,095,000 | 8,238,000 | 12,845,000 | 17,537,000 |
| Noninterest income | 161,000 | 349,000 | 507,000 | 675,000 |
| Noninterest expense | 2,948,000 | 5,986,000 | 8,976,000 | 12,243,000 |
| Provision for loan losses | 593,000 | 925,000 | 1,041,000 | 1,249,000 |
| Pretax income | 715,000 | 1,676,000 | 3,335,000 | 4,720,000 |
| Income tax | 184,000 | 432,000 | 857,000 | 1,092,000 |
| Net income | 531,000 | 1,244,000 | 2,478,000 | 3,628,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 47,131,000 | 47,883,000 | 49,152,000 | 52,377,000 |