Call reports 2022
GARRETT STATE BANK, THE — 2022
What GARRETT STATE BANK, 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 | 318,545,000 | 322,836,000 | 320,501,000 | 333,665,000 |
| Total loans | 237,690,000 | 246,280,000 | 254,633,000 | 257,466,000 |
| Allowance for loan losses | 2,373,000 | 2,401,000 | 2,447,000 | 2,499,000 |
| Securities available for sale | 17,759,000 | 20,806,000 | 35,995,000 | 35,730,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 274,543,000 | 283,286,000 | 282,466,000 | 295,534,000 |
| Interest-bearing deposits | 207,941,000 | 217,932,000 | 218,181,000 | 231,187,000 |
| Noninterest-bearing deposits | 66,602,000 | 65,354,000 | 64,285,000 | 64,347,000 |
| Equity capital | 30,398,000 | 30,280,000 | 29,515,000 | 29,516,000 |
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 | 2,716,000 | 5,486,000 | 8,583,000 | 11,997,000 |
| Interest expense | 233,000 | 521,000 | 930,000 | 1,643,000 |
| Net interest income | 2,483,000 | 4,965,000 | 7,653,000 | 10,354,000 |
| Noninterest income | 230,000 | 425,000 | 619,000 | 801,000 |
| Noninterest expense | 1,391,000 | 2,770,000 | 4,306,000 | 6,102,000 |
| Provision for loan losses | 30,000 | 60,000 | 105,000 | 165,000 |
| Pretax income | 1,292,000 | 2,560,000 | 3,861,000 | 4,888,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,292,000 | 2,560,000 | 3,861,000 | 4,888,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,160,000 | 31,768,000 | 32,395,000 | 32,631,000 |
| Total capital | 33,214,000 | 33,937,000 | 34,668,000 | 34,922,000 |
| Risk-weighted assets | 164,044,000 | 173,334,000 | 181,670,000 | 183,128,000 |