Call reports 2022
NORTH ADAMS STATE BANK — 2022
What NORTH ADAMS STATE 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 | 49,448,000 | 45,094,000 | 43,800,000 | 44,512,000 |
| Total loans | 24,647,000 | 25,739,000 | 25,731,000 | 25,370,000 |
| Allowance for loan losses | 195,000 | 198,000 | 195,000 | 197,000 |
| Securities available for sale | 11,869,000 | 12,171,000 | 12,027,000 | 12,029,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 39,066,000 | 39,212,000 | 37,971,000 | 38,494,000 |
| Interest-bearing deposits | 26,263,000 | 26,663,000 | 26,537,000 | 26,137,000 |
| Noninterest-bearing deposits | 12,803,000 | 12,549,000 | 11,434,000 | 12,357,000 |
| Equity capital | 6,273,000 | 5,850,000 | 5,795,000 | 5,994,000 |
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 | 418,000 | 809,000 | 1,213,000 | 1,631,000 |
| Interest expense | 21,000 | 42,000 | 63,000 | 103,000 |
| Net interest income | 397,000 | 767,000 | 1,150,000 | 1,528,000 |
| Noninterest income | 37,000 | 84,000 | 121,000 | 153,000 |
| Noninterest expense | 285,000 | 573,000 | 863,000 | 1,211,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 149,000 | 278,000 | 408,000 | 470,000 |
| Income tax | 35,000 | 65,000 | 94,000 | 103,000 |
| Net income | 114,000 | 213,000 | 314,000 | 367,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,517,000 | 6,618,000 | 6,718,000 | 6,770,000 |