Call reports 2022
PORTAGE COMMUNITY BANK — 2022
What PORTAGE COMMUNITY 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 | 478,049,000 | 461,183,000 | 480,566,000 | 476,242,000 |
| Total loans | 283,197,000 | 304,199,000 | 316,278,000 | 323,319,000 |
| Allowance for loan losses | 2,885,000 | 2,974,000 | 3,006,000 | 3,061,000 |
| Securities available for sale | 123,558,000 | 118,729,000 | 117,272,000 | 116,366,000 |
| Securities held to maturity | 3,100,000 | 3,100,000 | 3,100,000 | 3,100,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 417,845,000 | 408,268,000 | 427,919,000 | 419,973,000 |
| Interest-bearing deposits | 319,006,000 | 309,342,000 | 323,602,000 | 324,079,000 |
| Noninterest-bearing deposits | 98,839,000 | 98,926,000 | 104,317,000 | 95,894,000 |
| Equity capital | 43,635,000 | 38,845,000 | 38,514,000 | 39,586,000 |
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 | 3,395,000 | 7,010,000 | 11,093,000 | 15,584,000 |
| Interest expense | 296,000 | 590,000 | 1,084,000 | 1,800,000 |
| Net interest income | 3,099,000 | 6,420,000 | 10,009,000 | 13,784,000 |
| Noninterest income | 608,000 | 1,135,000 | 1,677,000 | 2,185,000 |
| Noninterest expense | 2,906,000 | 5,859,000 | 8,802,000 | 11,759,000 |
| Provision for loan losses | 0 | 80,000 | 105,000 | 155,000 |
| Pretax income | 801,000 | 1,616,000 | 2,779,000 | 4,055,000 |
| Income tax | 122,000 | 254,000 | 465,000 | 681,000 |
| Net income | 679,000 | 1,362,000 | 2,314,000 | 3,374,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 48,338,000 | 48,405,000 | 49,357,000 | 50,417,000 |
| Total capital | 51,223,000 | 51,379,000 | 52,363,000 | 53,478,000 |
| Risk-weighted assets | 296,978,000 | 317,145,000 | 327,062,000 | 335,756,000 |