Call reports 2022
PICKENS SAVINGS AND LOAN ASSOCIATION, FEDERAL ASSOCIATION — 2022
What PICKENS SAVINGS AND LOAN ASSOCIATION, FEDERAL 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 | 122,717,000 | 121,211,000 | 120,128,000 | 123,411,000 |
| Total loans | 59,734,000 | 62,453,000 | 67,604,000 | 67,347,000 |
| Allowance for loan losses | 905,000 | 905,000 | 905,000 | 900,000 |
| Securities available for sale | 41,879,000 | 40,324,000 | 37,946,000 | 37,806,000 |
| Securities held to maturity | 2,998,000 | 2,994,000 | 2,990,000 | 2,987,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 107,124,000 | 106,882,000 | 104,722,000 | 108,522,000 |
| Interest-bearing deposits | 101,121,000 | 100,578,000 | 98,314,000 | 102,199,000 |
| Noninterest-bearing deposits | 6,003,000 | 6,304,000 | 6,408,000 | 6,323,000 |
| Equity capital | 11,266,000 | 10,072,000 | 9,145,000 | 9,877,000 |
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 | 896,000 | 1,843,000 | 2,851,000 | 3,969,000 |
| Interest expense | 56,000 | 110,000 | 165,000 | 286,000 |
| Net interest income | 840,000 | 1,733,000 | 2,686,000 | 3,683,000 |
| Noninterest income | 70,000 | 140,000 | 211,000 | 301,000 |
| Noninterest expense | 699,000 | 1,396,000 | 2,140,000 | 2,847,000 |
| Provision for loan losses | 0 | 3,000 | 2,000 | 1,000 |
| Pretax income | 211,000 | 474,000 | 755,000 | 1,136,000 |
| Income tax | 22,000 | 57,000 | 95,000 | 161,000 |
| Net income | 189,000 | 417,000 | 660,000 | 975,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,198,000 | 12,429,000 | 12,675,000 | 12,993,000 |
| Total capital | 12,863,000 | 13,129,000 | 13,426,000 | 13,741,000 |
| Risk-weighted assets | 52,995,000 | 55,761,000 | 59,938,000 | 59,664,000 |