Call reports 2022
PROFESSIONAL BANK — 2022
What PROFESSIONAL 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 | 2,866,210,000 | 2,657,026,000 | 2,469,767,000 | 2,586,119,000 |
| Total loans | 1,823,704,000 | 1,987,233,000 | 2,004,895,000 | 2,133,359,000 |
| Allowance for loan losses | 13,555,000 | 15,142,000 | 16,485,000 | 17,336,000 |
| Securities available for sale | 206,204,000 | 191,807,000 | 177,380,000 | 166,619,000 |
| Securities held to maturity | 218,000 | 204,000 | 194,000 | 183,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,606,290,000 | 2,398,067,000 | 2,202,834,000 | 2,190,034,000 |
| Interest-bearing deposits | 1,715,920,000 | 1,604,234,000 | 1,430,249,000 | 1,488,359,000 |
| Noninterest-bearing deposits | 890,370,000 | 793,833,000 | 772,585,000 | 701,675,000 |
| Equity capital | 239,840,000 | 243,480,000 | 248,268,000 | 257,584,000 |
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 | 21,022,000 | 44,692,000 | 71,857,000 | 101,555,000 |
| Interest expense | 1,720,000 | 3,214,000 | 5,384,000 | 12,287,000 |
| Net interest income | 19,302,000 | 41,478,000 | 66,473,000 | 89,268,000 |
| Noninterest income | 1,423,000 | 3,341,000 | 4,714,000 | 6,117,000 |
| Noninterest expense | 16,054,000 | 28,277,000 | 40,836,000 | 52,717,000 |
| Provision for loan losses | 851,000 | 3,091,000 | 4,434,000 | 5,285,000 |
| Pretax income | 3,620,000 | 13,128,000 | 25,417,000 | 36,910,000 |
| Income tax | 706,000 | 2,718,000 | 5,410,000 | 8,928,000 |
| Net income | 2,914,000 | 10,410,000 | 20,007,000 | 27,982,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 221,203,000 | 229,263,000 | 239,468,000 | 248,916,000 |
| Total capital | 235,860,000 | 245,543,000 | 257,261,000 | 267,552,000 |
| Risk-weighted assets | 1,841,408,000 | 2,025,448,000 | 2,051,092,000 | 2,139,794,000 |