Call reports 2022
COGENT BANK — 2022
What COGENT 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 | 1,243,617,000 | 1,245,824,000 | 1,295,752,000 | 1,476,523,000 |
| Total loans | 880,061,000 | 974,917,000 | 1,046,060,000 | 1,225,265,000 |
| Allowance for loan losses | 11,289,000 | 12,579,000 | 13,379,000 | 14,955,000 |
| Securities available for sale | 132,142,000 | 136,540,000 | 169,075,000 | 195,510,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,129,552,000 | 1,128,615,000 | 1,171,957,000 | 1,262,196,000 |
| Interest-bearing deposits | 675,111,000 | 697,635,000 | 732,164,000 | 783,700,000 |
| Noninterest-bearing deposits | 454,441,000 | 430,980,000 | 439,793,000 | 478,496,000 |
| Equity capital | 106,293,000 | 110,164,000 | 113,376,000 | 118,867,000 |
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 | 11,489,000 | 24,589,000 | 40,468,000 | 59,651,000 |
| Interest expense | 604,000 | 1,305,000 | 2,751,000 | 6,007,000 |
| Net interest income | 10,885,000 | 23,284,000 | 37,717,000 | 53,644,000 |
| Noninterest income | 1,753,000 | 3,555,000 | 5,154,000 | 6,767,000 |
| Noninterest expense | 8,074,000 | 16,589,000 | 25,218,000 | 34,244,000 |
| Provision for loan losses | 1,348,000 | 2,618,000 | 3,418,000 | 4,993,000 |
| Pretax income | 3,216,000 | 7,632,000 | 14,235,000 | 21,174,000 |
| Income tax | 815,000 | 1,921,000 | 3,596,000 | 5,259,000 |
| Net income | 2,401,000 | 5,711,000 | 10,639,000 | 15,915,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 107,252,000 | 113,701,000 | 118,692,000 | 124,288,000 |
| Total capital | 118,430,000 | 126,132,000 | 131,929,000 | 139,243,000 |
| Risk-weighted assets | 894,105,000 | 994,343,000 | 1,058,820,000 | 1,219,762,000 |