FACTANKER · measured, cited, anchored official records connected

Call reports 2022

FLORENCE BANK — 2022

What FLORENCE BANK reported to the FFIEC in 2022, quarter by quarter.

PERIOD: 2022SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/3fa3789f-7e07-4efe-b772-77f37cf84967/2022

Balance sheet

What the bank holds and owes at quarter end

Measure2022Q12022Q22022Q32022Q4
Total assets1,945,066,0001,928,728,0001,886,023,0001,864,517,000
Total loans1,026,903,0001,048,822,0001,061,615,0001,105,139,000
Allowance for loan losses7,359,0007,363,0007,368,0007,376,000
Securities available for sale300,996,000316,681,000310,437,000309,959,000
Securities held to maturity271,656,000327,636,000327,318,000329,087,000
Trading assets0000
Total deposits1,756,186,0001,746,298,0001,714,960,0001,684,224,000
Interest-bearing deposits1,259,286,0001,256,688,0001,221,014,0001,193,972,000
Noninterest-bearing deposits496,900,000489,610,000493,946,000490,252,000
Equity capital168,493,000160,872,000149,840,000154,918,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2022Q12022Q22022Q32022Q4
Interest income12,401,00025,779,00040,388,00055,715,000
Interest expense933,0001,860,0002,724,0003,731,000
Net interest income11,468,00023,919,00037,664,00051,984,000
Noninterest income1,740,0003,666,0005,579,0007,545,000
Noninterest expense8,981,00017,565,00026,609,00036,695,000
Provision for loan losses11,00037,00065,00089,000
Pretax income4,138,0009,851,00016,371,00022,550,000
Income tax1,037,0002,531,0003,924,0005,192,000
Net income3,101,0007,320,00012,447,00017,358,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2022Q12022Q22022Q32022Q4
Tier 1 capital191,231,000195,450,000200,577,000205,488,000