Call reports 2022
CLARE BANK, NATIONAL ASSOCIATION — 2022
What CLARE BANK, NATIONAL ASSOCIATION 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 | 354,897,000 | 346,331,000 | 329,049,000 | 331,939,000 |
| Total loans | 135,990,000 | 138,093,000 | 136,908,000 | 139,331,000 |
| Allowance for loan losses | 655,000 | 652,000 | 654,000 | 653,000 |
| Securities available for sale | 195,108,000 | 186,630,000 | 134,740,000 | 134,046,000 |
| Securities held to maturity | 0 | 0 | 46,693,000 | 46,019,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 326,640,000 | 329,383,000 | 309,127,000 | 306,266,000 |
| Interest-bearing deposits | 274,126,000 | 272,658,000 | 252,259,000 | 249,124,000 |
| Noninterest-bearing deposits | 52,514,000 | 56,725,000 | 56,868,000 | 57,142,000 |
| Equity capital | 23,051,000 | 16,691,000 | 14,621,000 | 16,877,000 |
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 | 2,271,000 | 4,443,000 | 6,686,000 | 8,920,000 |
| Interest expense | 275,000 | 553,000 | 958,000 | 1,571,000 |
| Net interest income | 1,996,000 | 3,890,000 | 5,728,000 | 7,349,000 |
| Noninterest income | 85,000 | 169,000 | 251,000 | 328,000 |
| Noninterest expense | 1,106,000 | 2,193,000 | 3,416,000 | 4,645,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,052,000 | 1,953,000 | 2,650,000 | 3,123,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,052,000 | 1,953,000 | 2,650,000 | 3,123,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,136,000 | 37,036,000 | 37,734,000 | 38,208,000 |