Call reports 2022
NORWAY SAVINGS BANK — 2022
What NORWAY SAVINGS 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 | 1,753,308,000 | 1,739,201,000 | 1,739,896,000 | 1,795,136,000 |
| Total loans | 1,075,938,000 | 1,140,881,000 | 1,170,228,000 | 1,215,074,000 |
| Allowance for loan losses | 9,213,000 | 9,266,000 | 8,904,000 | 8,407,000 |
| Securities available for sale | 388,836,000 | 386,554,000 | 371,121,000 | 370,953,000 |
| Securities held to maturity | 12,569,000 | 12,513,000 | 8,750,000 | 8,750,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,508,978,000 | 1,514,378,000 | 1,532,921,000 | 1,531,543,000 |
| Interest-bearing deposits | 1,039,654,000 | 1,039,334,000 | 1,030,115,000 | 1,057,662,000 |
| Noninterest-bearing deposits | 469,324,000 | 475,044,000 | 502,806,000 | 473,881,000 |
| Equity capital | 215,496,000 | 193,833,000 | 175,487,000 | 187,871,000 |
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 | 14,392,000 | 29,324,000 | 45,683,000 | 63,314,000 |
| Interest expense | 440,000 | 932,000 | 1,723,000 | 3,423,000 |
| Net interest income | 13,952,000 | 28,392,000 | 43,960,000 | 59,891,000 |
| Noninterest income | 2,484,000 | 5,001,000 | 7,540,000 | 9,918,000 |
| Noninterest expense | 11,408,000 | 23,381,000 | 36,100,000 | 48,832,000 |
| Provision for loan losses | 75,000 | 150,000 | -200,000 | -200,000 |
| Pretax income | 4,811,000 | -1,312,000 | -230,000 | 11,453,000 |
| Income tax | 1,047,000 | -209,000 | 32,000 | 2,174,000 |
| Net income | 3,764,000 | -1,103,000 | -262,000 | 9,279,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 233,390,000 | 228,523,000 | 229,364,000 | 238,905,000 |