Call reports 2022
ION BANK — 2022
What ION 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 | 1,805,678,000 | 1,841,212,000 | 2,111,820,000 | 2,071,879,000 |
| Total loans | 1,125,753,000 | 1,184,754,000 | 1,376,914,000 | 1,414,484,000 |
| Allowance for loan losses | 16,051,000 | 16,829,000 | 17,021,000 | 16,892,000 |
| Securities available for sale | 222,772,000 | 280,454,000 | 428,103,000 | 434,743,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 12,939,000 | 7,819,000 | 13,539,000 | 13,403,000 |
| Total deposits | 1,570,670,000 | 1,609,898,000 | 1,796,255,000 | 1,766,457,000 |
| Interest-bearing deposits | 1,004,158,000 | 1,034,839,000 | 1,189,580,000 | 1,165,460,000 |
| Noninterest-bearing deposits | 566,512,000 | 575,059,000 | 606,675,000 | 600,997,000 |
| Equity capital | 154,186,000 | 152,670,000 | 161,274,000 | 173,394,000 |
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 | 12,319,000 | 26,156,000 | 45,004,000 | 70,772,000 |
| Interest expense | 624,000 | 1,366,000 | 3,761,000 | 6,837,000 |
| Net interest income | 11,695,000 | 24,790,000 | 41,243,000 | 63,935,000 |
| Noninterest income | 2,622,000 | 5,657,000 | 9,566,000 | 14,443,000 |
| Noninterest expense | 11,506,000 | 22,961,000 | 37,302,000 | 50,923,000 |
| Provision for loan losses | 425,000 | -150,000 | 150,000 | 250,000 |
| Pretax income | 1,606,000 | 4,627,000 | 9,329,000 | 23,992,000 |
| Income tax | 312,000 | 924,000 | 1,883,000 | 4,845,000 |
| Net income | 1,294,000 | 3,703,000 | 7,446,000 | 19,147,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 163,961,000 | 164,371,000 | 176,256,000 | 186,334,000 |
| Total capital | 179,044,000 | 180,280,000 | 193,277,000 | 203,226,000 |
| Risk-weighted assets | 1,205,728,000 | 1,271,853,000 | 1,477,203,000 | 1,540,102,000 |