Call reports 2022
FIRST STATE BANK OF RED WING, THE — 2022
What FIRST STATE BANK OF RED WING, THE 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 | 90,040,000 | 92,514,000 | 86,173,000 | 84,963,000 |
| Total loans | 27,919,000 | 29,924,000 | 30,456,000 | 31,155,000 |
| Allowance for loan losses | 308,000 | 306,000 | 306,000 | 305,000 |
| Securities available for sale | 47,569,000 | 44,121,000 | 40,944,000 | 40,601,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 85,362,000 | 89,619,000 | 84,920,000 | 83,105,000 |
| Interest-bearing deposits | 70,926,000 | 71,522,000 | 67,127,000 | 67,873,000 |
| Noninterest-bearing deposits | 14,436,000 | 18,097,000 | 17,793,000 | 15,232,000 |
| Equity capital | 4,596,000 | 2,824,000 | 1,142,000 | 1,647,000 |
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 | 589,000 | 1,213,000 | 1,856,000 | 2,513,000 |
| Interest expense | 68,000 | 140,000 | 225,000 | 344,000 |
| Net interest income | 521,000 | 1,073,000 | 1,631,000 | 2,169,000 |
| Noninterest income | 23,000 | 49,000 | 76,000 | 112,000 |
| Noninterest expense | 480,000 | 891,000 | 1,333,000 | 1,788,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 61,000 | 225,000 | 364,000 | 472,000 |
| Income tax | 14,000 | 56,000 | 89,000 | 114,000 |
| Net income | 47,000 | 169,000 | 275,000 | 358,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,428,000 | 7,550,000 | 7,656,000 | 7,739,000 |
| Total capital | 7,736,000 | 7,856,000 | 7,962,000 | 8,044,000 |
| Risk-weighted assets | 37,161,000 | 39,297,000 | 40,045,000 | 40,075,000 |