Call reports 2022
BEACH BANK — 2022
What BEACH BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 |
|---|---|---|
| Total assets | 619,652,000 | 619,248,000 |
| Total loans | 455,733,000 | 485,474,000 |
| Allowance for loan losses | 5,468,000 | 5,496,000 |
| Securities available for sale | 17,351,000 | 21,499,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 491,975,000 | 486,310,000 |
| Interest-bearing deposits | 362,475,000 | 344,874,000 |
| Noninterest-bearing deposits | 129,500,000 | 141,436,000 |
| Equity capital | 81,678,000 | 83,136,000 |
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 |
|---|---|---|
| Interest income | 4,569,000 | 9,935,000 |
| Interest expense | 499,000 | 1,016,000 |
| Net interest income | 4,070,000 | 8,919,000 |
| Noninterest income | 1,637,000 | 4,004,000 |
| Noninterest expense | 4,819,000 | 10,148,000 |
| Provision for loan losses | 0 | 0 |
| Pretax income | 888,000 | 2,775,000 |
| Income tax | 253,000 | 725,000 |
| Net income | 635,000 | 2,050,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 |
|---|---|---|
| Tier 1 capital | 57,757,000 | 59,696,000 |
| Total capital | 63,225,000 | 65,192,000 |
| Risk-weighted assets | 493,071,000 | 520,647,000 |