Call reports 2022
FIRST BANK OF BOAZ — 2022
What FIRST BANK OF BOAZ 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 | 269,913,000 | 256,349,000 | 254,855,000 | 249,562,000 |
| Total loans | 54,951,000 | 57,018,000 | 59,622,000 | 61,239,000 |
| Allowance for loan losses | 1,050,000 | 1,057,000 | 1,057,000 | 1,061,000 |
| Securities available for sale | 193,253,000 | 174,573,000 | 163,867,000 | 163,462,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 211,079,000 | 210,044,000 | 215,174,000 | 208,377,000 |
| Interest-bearing deposits | 153,456,000 | 155,002,000 | 155,548,000 | 153,590,000 |
| Noninterest-bearing deposits | 57,622,000 | 55,043,000 | 59,626,000 | 54,787,000 |
| Equity capital | 38,280,000 | 26,019,000 | 19,312,000 | 20,747,000 |
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 | 2,125,000 | 4,284,000 | 6,575,000 | 8,955,000 |
| Interest expense | 156,000 | 326,000 | 536,000 | 888,000 |
| Net interest income | 1,969,000 | 3,958,000 | 6,039,000 | 8,067,000 |
| Noninterest income | 106,000 | 215,000 | 329,000 | 450,000 |
| Noninterest expense | 817,000 | 1,652,000 | 2,450,000 | 3,311,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,258,000 | 2,521,000 | 3,918,000 | 4,699,000 |
| Income tax | 180,000 | 405,000 | 647,000 | 859,000 |
| Net income | 1,078,000 | 2,116,000 | 3,271,000 | 3,840,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 47,838,000 | 48,510,000 | 49,300,000 | 49,379,000 |