Call reports 2022
COVINGTON SAVINGS AND LOAN ASSOCIATION, THE — 2022
What COVINGTON SAVINGS AND LOAN ASSOCIATION, THE 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 | 86,083,000 | 89,620,000 | 89,812,000 | 89,056,000 |
| Total loans | 43,589,000 | 44,659,000 | 46,152,000 | 48,065,000 |
| Allowance for loan losses | 205,000 | 205,000 | 205,000 | 205,000 |
| Securities available for sale | 4,358,000 | 4,178,000 | 4,001,000 | 3,831,000 |
| Securities held to maturity | 8,150,000 | 10,981,000 | 13,968,000 | 13,797,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 73,969,000 | 77,458,000 | 77,475,000 | 76,435,000 |
| Interest-bearing deposits | 65,624,000 | 68,604,000 | 68,702,000 | 66,323,000 |
| Noninterest-bearing deposits | 8,345,000 | 8,854,000 | 8,773,000 | 10,112,000 |
| Equity capital | 11,847,000 | 11,868,000 | 11,999,000 | 12,227,000 |
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 | 458,000 | 971,000 | 1,637,000 | 2,419,000 |
| Interest expense | 14,000 | 28,000 | 48,000 | 75,000 |
| Net interest income | 444,000 | 943,000 | 1,589,000 | 2,344,000 |
| Noninterest income | 41,000 | 83,000 | 126,000 | 171,000 |
| Noninterest expense | 436,000 | 872,000 | 1,318,000 | 1,750,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 49,000 | 154,000 | 397,000 | 765,000 |
| Income tax | 10,000 | 31,000 | 82,000 | 159,000 |
| Net income | 39,000 | 123,000 | 315,000 | 606,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,857,000 | 11,941,000 | 12,121,000 | 12,412,000 |