Call reports 2022
BANK OF BURLINGTON — 2022
What BANK OF BURLINGTON 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 | 86,086,000 | 75,138,000 | 76,920,000 | 78,231,000 |
| Total loans | 28,606,000 | 39,466,000 | 38,867,000 | 36,726,000 |
| Allowance for loan losses | 350,000 | 350,000 | 350,000 | 350,000 |
| Securities available for sale | 16,697,000 | 17,913,000 | 17,432,000 | 16,402,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 66,613,000 | 66,123,000 | 68,176,000 | 69,123,000 |
| Interest-bearing deposits | 43,219,000 | 40,968,000 | 43,387,000 | 43,833,000 |
| Noninterest-bearing deposits | 23,394,000 | 25,155,000 | 24,789,000 | 25,290,000 |
| Equity capital | 9,202,000 | 8,721,000 | 8,472,000 | 8,849,000 |
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 | 473,000 | 1,026,000 | 1,664,000 | 2,380,000 |
| Interest expense | 38,000 | 74,000 | 108,000 | 228,000 |
| Net interest income | 435,000 | 952,000 | 1,556,000 | 2,152,000 |
| Noninterest income | 49,000 | 99,000 | 144,000 | 198,000 |
| Noninterest expense | 414,000 | 804,000 | 1,240,000 | 1,620,000 |
| Provision for loan losses | -300,000 | -300,000 | -300,000 | -300,000 |
| Pretax income | 370,000 | 547,000 | 760,000 | 1,030,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 370,000 | 547,000 | 760,000 | 1,030,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,751,000 | 9,598,000 | 9,812,000 | 10,081,000 |