Call reports 2022
BETTER BANKS — 2022
What BETTER BANKS 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 | 385,539,000 | 439,469,000 | 436,864,000 | 441,388,000 |
| Total loans | 242,275,000 | 266,174,000 | 266,973,000 | 268,891,000 |
| Allowance for loan losses | 3,065,000 | 3,491,000 | 3,499,000 | 3,295,000 |
| Securities available for sale | 114,605,000 | 141,896,000 | 81,799,000 | 84,717,000 |
| Securities held to maturity | 6,751,000 | 7,008,000 | 62,129,000 | 60,311,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 359,389,000 | 415,370,000 | 415,389,000 | 417,732,000 |
| Interest-bearing deposits | 277,235,000 | 336,209,000 | 336,479,000 | 334,599,000 |
| Noninterest-bearing deposits | 82,154,000 | 79,161,000 | 78,910,000 | 83,133,000 |
| Equity capital | 24,836,000 | 22,572,000 | 19,616,000 | 22,011,000 |
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 | 3,085,000 | 6,984,000 | 10,665,000 | 14,498,000 |
| Interest expense | 107,000 | 268,000 | 509,000 | 913,000 |
| Net interest income | 2,978,000 | 6,716,000 | 10,156,000 | 13,585,000 |
| Noninterest income | 1,029,000 | 2,240,000 | 3,417,000 | 4,636,000 |
| Noninterest expense | 2,984,000 | 6,530,000 | 9,905,000 | 13,196,000 |
| Provision for loan losses | 60,000 | 283,000 | 358,000 | 433,000 |
| Pretax income | 963,000 | 2,157,000 | 3,324,000 | 4,606,000 |
| Income tax | 153,000 | 226,000 | 292,000 | 357,000 |
| Net income | 810,000 | 1,931,000 | 3,032,000 | 4,249,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,658,000 | 34,752,000 | 35,287,000 | 36,238,000 |
| Total capital | 32,723,000 | 38,243,000 | 38,786,000 | 39,533,000 |
| Risk-weighted assets | 262,294,000 | 288,098,000 | 287,944,000 | 289,223,000 |