Call reports 2022
MOUNTAIN COMMERCE BANK — 2022
What MOUNTAIN COMMERCE 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 | 1,398,582,000 | 1,448,805,000 | 1,566,467,000 | 1,599,507,000 |
| Total loans | 1,123,926,000 | 1,182,478,000 | 1,281,577,000 | 1,316,883,000 |
| Allowance for loan losses | 11,105,000 | 11,549,000 | 12,437,000 | 12,645,000 |
| Securities available for sale | 147,645,000 | 140,565,000 | 133,550,000 | 137,425,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,162,642,000 | 1,221,402,000 | 1,292,076,000 | 1,352,043,000 |
| Interest-bearing deposits | 818,142,000 | 857,997,000 | 921,723,000 | 1,039,799,000 |
| Noninterest-bearing deposits | 344,500,000 | 363,405,000 | 370,353,000 | 312,244,000 |
| Equity capital | 127,023,000 | 123,520,000 | 129,630,000 | 131,700,000 |
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 | 12,471,000 | 25,946,000 | 41,527,000 | 59,148,000 |
| Interest expense | 529,000 | 1,418,000 | 3,749,000 | 9,565,000 |
| Net interest income | 11,942,000 | 24,528,000 | 37,778,000 | 49,583,000 |
| Noninterest income | 964,000 | 1,582,000 | 2,294,000 | 2,903,000 |
| Noninterest expense | 5,345,000 | 11,248,000 | 16,849,000 | 23,507,000 |
| Provision for loan losses | 650,000 | 1,100,000 | 2,000,000 | 2,210,000 |
| Pretax income | 6,394,000 | 12,576,000 | 19,824,000 | 25,040,000 |
| Income tax | 1,417,000 | 2,808,000 | 4,483,000 | 5,704,000 |
| Net income | 4,977,000 | 9,768,000 | 15,341,000 | 19,336,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 133,523,000 | 136,501,000 | 148,030,000 | 149,647,000 |
| Total capital | 145,164,000 | 148,498,000 | 161,001,000 | 163,003,000 |
| Risk-weighted assets | 1,153,873,000 | 1,215,623,000 | 1,323,226,000 | 1,346,931,000 |