Call reports 2022
EVOLVE BANK & TRUST — 2022
What EVOLVE BANK & TRUST 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 | 777,087,000 | 1,299,412,000 | 1,296,644,000 | 1,747,013,000 |
| Total loans | 521,059,000 | 623,089,000 | 693,651,000 | 843,113,000 |
| Allowance for loan losses | 8,150,000 | 8,361,000 | 8,617,000 | 9,624,000 |
| Securities available for sale | 15,392,000 | 14,335,000 | 14,116,000 | 16,155,000 |
| Securities held to maturity | 45,864,000 | 380,009,000 | 366,998,000 | 375,876,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 615,653,000 | 1,123,686,000 | 1,083,838,000 | 1,541,644,000 |
| Interest-bearing deposits | 259,454,000 | 686,214,000 | 526,800,000 | 1,079,048,000 |
| Noninterest-bearing deposits | 356,199,000 | 437,472,000 | 557,038,000 | 462,596,000 |
| Equity capital | 72,556,000 | 87,780,000 | 103,213,000 | 112,685,000 |
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 | 6,498,000 | 14,522,000 | 25,380,000 | 39,543,000 |
| Interest expense | 272,000 | 1,084,000 | 3,459,000 | 8,878,000 |
| Net interest income | 6,226,000 | 13,438,000 | 21,921,000 | 30,665,000 |
| Noninterest income | 19,255,000 | 44,408,000 | 76,420,000 | 108,461,000 |
| Noninterest expense | 23,510,000 | 48,744,000 | 76,109,000 | 103,400,000 |
| Provision for loan losses | 126,000 | 217,000 | 417,000 | 1,433,000 |
| Pretax income | 1,845,000 | 8,885,000 | 21,815,000 | 34,293,000 |
| Income tax | 401,000 | 2,244,000 | 5,656,000 | 8,757,000 |
| Net income | 1,444,000 | 6,641,000 | 16,159,000 | 25,536,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 69,876,000 | 85,573,000 | 101,097,000 | 110,435,000 |
| Total capital | 76,799,000 | 93,934,000 | 109,714,000 | 120,059,000 |
| Risk-weighted assets | 552,660,000 | 824,322,000 | 895,173,000 | 1,084,610,000 |