Call reports 2022
TRANSACT BANK, NATIONAL ASSOCIATION — 2022
What TRANSACT BANK, NATIONAL ASSOCIATION 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 | 15,603,000 | 14,328,000 | 12,545,000 | 14,668,000 |
| Total loans | 2,707,000 | 2,674,000 | 2,644,000 | 2,616,000 |
| Allowance for loan losses | 0 | 0 | 0 | 0 |
| Securities available for sale | 747,000 | 708,000 | 651,000 | 629,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 12,729,000 | 11,836,000 | 10,168,000 | 12,191,000 |
| Interest-bearing deposits | 2,057,000 | 1,237,000 | 1,176,000 | 1,403,000 |
| Noninterest-bearing deposits | 10,672,000 | 10,599,000 | 8,992,000 | 10,788,000 |
| Equity capital | 2,345,000 | 1,958,000 | 1,910,000 | 1,818,000 |
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 | 45,000 | 90,000 | 171,000 | 303,000 |
| Interest expense | 3,000 | 6,000 | 10,000 | 15,000 |
| Net interest income | 42,000 | 84,000 | 161,000 | 288,000 |
| Noninterest income | 158,000 | 8,000 | 196,000 | 353,000 |
| Noninterest expense | 568,000 | 1,089,000 | 1,562,000 | 2,011,000 |
| Provision for loan losses | -6,000 | -6,000 | -6,000 | -6,000 |
| Pretax income | -362,000 | -991,000 | -1,199,000 | -1,364,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -362,000 | -991,000 | -1,199,000 | -1,364,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,358,000 | 1,984,000 | 1,961,000 | 1,870,000 |
| Total capital | 2,358,000 | 1,984,000 | 1,961,000 | 1,870,000 |
| Risk-weighted assets | 2,792,000 | 2,396,000 | 2,469,000 | 2,712,000 |