Call reports 2022
ESSEX BANK — 2022
What ESSEX 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 | 547,740,000 | 545,946,000 | 531,264,000 | 528,294,000 |
| Total loans | 319,015,000 | 321,530,000 | 326,584,000 | 325,911,000 |
| Allowance for loan losses | 2,661,000 | 2,593,000 | 2,698,000 | 2,743,000 |
| Securities available for sale | 34,480,000 | 45,582,000 | 55,415,000 | 64,408,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 483,407,000 | 481,264,000 | 466,702,000 | 462,010,000 |
| Interest-bearing deposits | 309,233,000 | 309,048,000 | 295,018,000 | 288,585,000 |
| Noninterest-bearing deposits | 174,174,000 | 172,216,000 | 171,684,000 | 173,425,000 |
| Equity capital | 54,567,000 | 54,784,000 | 54,375,000 | 56,061,000 |
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 | 3,309,000 | 6,883,000 | 11,036,000 | 15,749,000 |
| Interest expense | 98,000 | 193,000 | 287,000 | 380,000 |
| Net interest income | 3,211,000 | 6,690,000 | 10,749,000 | 15,369,000 |
| Noninterest income | 5,200,000 | 10,533,000 | 15,471,000 | 20,218,000 |
| Noninterest expense | 7,809,000 | 15,447,000 | 23,196,000 | 30,738,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 135,000 |
| Pretax income | 572,000 | 1,716,000 | 2,934,000 | 4,714,000 |
| Income tax | 171,000 | 514,000 | 805,000 | 1,282,000 |
| Net income | 401,000 | 1,202,000 | 2,129,000 | 3,432,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,318,000 | 47,120,000 | 48,046,000 | 49,597,000 |
| Total capital | 48,979,000 | 49,713,000 | 50,744,000 | — |
| Risk-weighted assets | 263,232,000 | 267,241,000 | 276,082,000 | — |
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