Call reports 2022
ITASCA BANK & TRUST CO. — 2022
What ITASCA BANK & TRUST CO. 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 | 731,407,000 | 764,528,000 | 742,701,000 | 731,397,000 |
| Total loans | 436,675,000 | 445,536,000 | 464,408,000 | 479,244,000 |
| Allowance for loan losses | 7,198,000 | 7,208,000 | 7,216,000 | 7,224,000 |
| Securities available for sale | 242,063,000 | 234,138,000 | 220,762,000 | 203,277,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 670,209,000 | 707,856,000 | 688,611,000 | 675,599,000 |
| Interest-bearing deposits | 465,346,000 | 489,960,000 | 458,307,000 | 443,514,000 |
| Noninterest-bearing deposits | 204,863,000 | 217,896,000 | 230,304,000 | 232,085,000 |
| Equity capital | 58,276,000 | 54,404,000 | 51,462,000 | 53,199,000 |
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 | 6,198,000 | 12,784,000 | 19,882,000 | 27,684,000 |
| Interest expense | 296,000 | 607,000 | 1,067,000 | 1,857,000 |
| Net interest income | 5,902,000 | 12,177,000 | 18,815,000 | 25,827,000 |
| Noninterest income | 758,000 | 1,511,000 | 2,276,000 | 3,061,000 |
| Noninterest expense | 4,122,000 | 8,357,000 | 12,669,000 | 17,107,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 2,536,000 | 5,324,000 | 8,415,000 | 11,313,000 |
| Income tax | 676,000 | 1,424,000 | 2,255,000 | 3,036,000 |
| Net income | 1,860,000 | 3,900,000 | 6,160,000 | 8,277,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 65,018,000 | 66,410,000 | 67,980,000 | 69,364,000 |