Call reports 2022
FINANCE FACTORS, LIMITED — 2022
What FINANCE FACTORS, LIMITED 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 | 543,722,000 | 539,267,000 | 553,890,000 | 596,976,000 |
| Total loans | 377,653,000 | 376,281,000 | 388,438,000 | 419,757,000 |
| Allowance for loan losses | 12,111,000 | 12,414,000 | 12,444,000 | 12,466,000 |
| Securities available for sale | 76,242,000 | 82,560,000 | 78,310,000 | 83,353,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 15,903,000 | 13,336,000 | 12,681,000 | 13,645,000 |
| Total deposits | 449,212,000 | 442,221,000 | 432,933,000 | 459,912,000 |
| Interest-bearing deposits | 448,743,000 | 441,368,000 | 432,313,000 | 459,175,000 |
| Noninterest-bearing deposits | 469,000 | 853,000 | 620,000 | 736,000 |
| Equity capital | 71,808,000 | 69,003,000 | 66,723,000 | 67,437,000 |
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 | 4,777,000 | 9,798,000 | 15,191,000 | 21,223,000 |
| Interest expense | 359,000 | 728,000 | 1,326,000 | 2,709,000 |
| Net interest income | 4,418,000 | 9,070,000 | 13,865,000 | 18,514,000 |
| Noninterest income | -765,000 | -3,303,000 | -4,014,000 | -2,933,000 |
| Noninterest expense | 4,063,000 | 7,969,000 | 12,177,000 | 16,675,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -410,000 | -2,202,000 | -2,326,000 | -1,094,000 |
| Income tax | -118,000 | -603,000 | -622,000 | -318,000 |
| Net income | -292,000 | -1,599,000 | -1,704,000 | -776,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 73,794,000 | 72,239,000 | 72,132,000 | 73,061,000 |
| Total capital | 78,963,000 | 77,433,000 | 77,340,000 | 78,661,000 |
| Risk-weighted assets | 406,480,000 | 408,224,000 | 409,335,000 | 441,009,000 |