Call reports 2022
CREDIT ONE BANK, NATIONAL ASSOCIATION — 2022
What CREDIT ONE BANK, NATIONAL ASSOCIATION 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 | 1,018,527,000 | 1,002,184,000 | 1,059,498,000 | 1,251,146,000 |
| Total loans | 581,697,000 | 638,157,000 | 710,200,000 | 784,053,000 |
| Allowance for loan losses | 75,770,000 | 92,037,000 | 108,496,000 | 97,434,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 26,443,000 | 26,443,000 | 26,496,000 | 26,574,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 363,984,000 | 377,763,000 | 418,294,000 | 425,974,000 |
| Interest-bearing deposits | 362,442,000 | 376,965,000 | 417,478,000 | 425,169,000 |
| Noninterest-bearing deposits | 1,542,000 | 798,000 | 816,000 | 805,000 |
| Equity capital | 446,481,000 | 396,779,000 | 412,395,000 | 545,704,000 |
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 | 39,833,000 | 81,219,000 | 130,728,000 | 187,850,000 |
| Interest expense | 877,000 | 1,833,000 | 3,402,000 | 5,922,000 |
| Net interest income | 38,956,000 | 79,386,000 | 127,326,000 | 181,928,000 |
| Noninterest income | 271,657,000 | 565,388,000 | 872,985,000 | 1,173,359,000 |
| Noninterest expense | 196,379,000 | 412,392,000 | 638,690,000 | 855,372,000 |
| Provision for loan losses | 9,680,000 | 37,270,000 | 65,580,000 | 70,580,000 |
| Pretax income | 104,179,000 | 194,477,000 | 295,093,000 | 428,402,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 104,179,000 | 194,477,000 | 295,093,000 | 428,402,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 435,375,000 | 385,673,000 | 401,289,000 | 534,598,000 |