Call reports 2022
FIRST INDEPENDENT BANK — 2022
What FIRST INDEPENDENT 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 | 452,819,000 | 472,458,000 | 462,571,000 | 473,709,000 |
| Total loans | 231,818,000 | 244,495,000 | 247,217,000 | 262,255,000 |
| Allowance for loan losses | 4,557,000 | 4,563,000 | 4,572,000 | 4,631,000 |
| Securities available for sale | 64,591,000 | 78,237,000 | 74,908,000 | 73,984,000 |
| Securities held to maturity | 96,898,000 | 110,854,000 | 115,053,000 | 110,718,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 403,461,000 | 434,481,000 | 428,180,000 | 420,242,000 |
| Interest-bearing deposits | 287,783,000 | 305,159,000 | 300,305,000 | 294,567,000 |
| Noninterest-bearing deposits | 115,678,000 | 129,322,000 | 127,875,000 | 125,675,000 |
| Equity capital | 38,018,000 | 36,820,000 | 33,100,000 | 35,793,000 |
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 | 3,517,000 | 7,281,000 | 11,175,000 | 15,119,000 |
| Interest expense | 285,000 | 679,000 | 1,008,000 | 1,572,000 |
| Net interest income | 3,232,000 | 6,602,000 | 10,167,000 | 13,547,000 |
| Noninterest income | 300,000 | 861,000 | 1,190,000 | 1,485,000 |
| Noninterest expense | 2,046,000 | 4,436,000 | 7,004,000 | 9,592,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,474,000 | 2,987,000 | 4,317,000 | 5,410,000 |
| Income tax | 120,000 | 120,000 | 190,000 | 190,000 |
| Net income | 1,354,000 | 2,867,000 | 4,127,000 | 5,220,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,363,000 | 40,662,000 | 39,704,000 | 40,900,000 |
| Total capital | 43,677,000 | 44,189,000 | 43,272,000 | 44,680,000 |
| Risk-weighted assets | 263,918,000 | 281,165,000 | 284,445,000 | 301,555,000 |