Call reports 2022
SOLON STATE BANK — 2022
What SOLON STATE 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 | 132,985,000 | 131,411,000 | 126,280,000 | 124,966,000 |
| Total loans | 60,527,000 | 61,640,000 | 65,121,000 | 63,386,000 |
| Allowance for loan losses | 460,000 | 461,000 | 731,000 | 803,000 |
| Securities available for sale | 49,368,000 | 54,592,000 | 54,178,000 | 54,488,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 104,390,000 | 104,969,000 | 101,040,000 | 94,321,000 |
| Interest-bearing deposits | 74,362,000 | 77,681,000 | 73,665,000 | 67,150,000 |
| Noninterest-bearing deposits | 30,028,000 | 27,288,000 | 27,375,000 | 27,170,000 |
| Equity capital | 25,450,000 | 23,346,000 | 21,829,000 | 22,181,000 |
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 | 1,242,000 | 2,623,000 | 4,102,000 | 5,263,000 |
| Interest expense | 68,000 | 132,000 | 201,000 | 291,000 |
| Net interest income | 1,174,000 | 2,491,000 | 3,901,000 | 4,972,000 |
| Noninterest income | 271,000 | 408,000 | 676,000 | 785,000 |
| Noninterest expense | 607,000 | 1,216,000 | 1,838,000 | 2,578,000 |
| Provision for loan losses | 0 | 0 | 250,000 | 400,000 |
| Pretax income | 838,000 | 1,683,000 | 2,489,000 | 2,779,000 |
| Income tax | 51,000 | 76,000 | 108,000 | 141,000 |
| Net income | 787,000 | 1,607,000 | 2,381,000 | 2,638,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,969,000 | 25,971,000 | 26,324,000 | 26,160,000 |