Call reports 2022
ARMSTRONG BANK — 2022
What ARMSTRONG 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 | 2,499,072,000 | 2,478,485,000 | 2,370,194,000 | 2,395,777,000 |
| Total loans | 1,263,096,000 | 1,326,758,000 | 1,394,288,000 | 1,429,555,000 |
| Allowance for loan losses | 16,286,000 | 17,054,000 | 17,598,000 | 14,484,000 |
| Securities available for sale | 738,759,000 | 757,967,000 | 732,333,000 | 755,617,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,287,154,000 | 2,321,398,000 | 2,224,885,000 | 2,230,565,000 |
| Interest-bearing deposits | 1,482,760,000 | 1,578,175,000 | 1,500,380,000 | 1,528,298,000 |
| Noninterest-bearing deposits | 804,394,000 | 743,223,000 | 724,505,000 | 702,267,000 |
| Equity capital | 202,943,000 | 148,530,000 | 135,315,000 | 152,500,000 |
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 | 19,030,000 | 39,143,000 | 60,850,000 | 83,203,000 |
| Interest expense | 1,665,000 | 3,198,000 | 5,245,000 | 9,380,000 |
| Net interest income | 17,365,000 | 35,945,000 | 55,605,000 | 73,823,000 |
| Noninterest income | 5,951,000 | 11,775,000 | 17,941,000 | 22,557,000 |
| Noninterest expense | 14,644,000 | 29,632,000 | 44,390,000 | 62,685,000 |
| Provision for loan losses | 824,000 | 1,632,000 | 2,214,000 | 268,000 |
| Pretax income | 7,978,000 | 16,560,000 | 27,040,000 | 33,504,000 |
| Income tax | 1,419,000 | 2,876,000 | 4,852,000 | 4,747,000 |
| Net income | 6,559,000 | 13,684,000 | 22,188,000 | 28,757,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 215,137,000 | 222,231,000 | 226,363,000 | 230,262,000 |
| Total capital | 231,423,000 | 239,285,000 | 243,961,000 | 244,746,000 |
| Risk-weighted assets | 1,431,324,000 | 1,499,974,000 | 1,558,290,000 | 1,576,869,000 |