Call reports 2022
SOLUTIONS NORTH BANK — 2022
What SOLUTIONS NORTH 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 | 330,092,000 | 327,637,000 | 312,674,000 | 309,842,000 |
| Total loans | 190,181,000 | 198,541,000 | 192,815,000 | 200,589,000 |
| Allowance for loan losses | 4,235,000 | 4,295,000 | 4,355,000 | 4,415,000 |
| Securities available for sale | 72,659,000 | 73,582,000 | 71,402,000 | 74,079,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 276,149,000 | 277,312,000 | 264,185,000 | 261,228,000 |
| Interest-bearing deposits | 229,751,000 | 230,509,000 | 219,254,000 | 214,710,000 |
| Noninterest-bearing deposits | 46,398,000 | 46,803,000 | 44,931,000 | 46,518,000 |
| Equity capital | 34,662,000 | 33,120,000 | 31,468,000 | 32,213,000 |
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 | 2,621,000 | 5,341,000 | 8,341,000 | 11,484,000 |
| Interest expense | 303,000 | 614,000 | 956,000 | 1,396,000 |
| Net interest income | 2,318,000 | 4,727,000 | 7,385,000 | 10,088,000 |
| Noninterest income | 135,000 | 261,000 | 383,000 | 514,000 |
| Noninterest expense | 1,500,000 | 2,961,000 | 4,602,000 | 6,658,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 240,000 |
| Pretax income | 1,973,000 | 2,987,000 | 4,066,000 | 4,783,000 |
| Income tax | 305,000 | 561,000 | 834,000 | 1,005,000 |
| Net income | 1,668,000 | 2,426,000 | 3,232,000 | 3,778,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 37,229,000 | 37,987,000 | 38,693,000 | 38,590,000 |
| Total capital | 40,119,000 | 40,963,000 | 41,651,000 | 41,589,000 |
| Risk-weighted assets | 229,921,000 | 236,790,000 | 235,320,000 | 238,524,000 |