Call reports 2022
SWEDISH-AMERICAN STATE BANK — 2022
What SWEDISH-AMERICAN STATE 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 | 57,169,000 | 57,290,000 | 58,357,000 | 64,215,000 |
| Total loans | 29,246,000 | 30,902,000 | 33,957,000 | 37,513,000 |
| Allowance for loan losses | 648,000 | 653,000 | 654,000 | 656,000 |
| Securities available for sale | 22,988,000 | 23,600,000 | 22,471,000 | 22,481,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 52,621,000 | 49,401,000 | 44,614,000 | 46,632,000 |
| Interest-bearing deposits | 40,058,000 | 38,301,000 | 34,572,000 | 35,438,000 |
| Noninterest-bearing deposits | 12,563,000 | 11,100,000 | 10,042,000 | 11,194,000 |
| Equity capital | 4,507,000 | 4,194,000 | 3,768,000 | 4,501,000 |
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 | 488,000 | 987,000 | 1,536,000 | 2,171,000 |
| Interest expense | 59,000 | 118,000 | 193,000 | 326,000 |
| Net interest income | 429,000 | 869,000 | 1,343,000 | 1,845,000 |
| Noninterest income | 47,000 | 93,000 | 139,000 | 250,000 |
| Noninterest expense | 343,000 | 700,000 | 1,020,000 | 1,381,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 116,000 | 244,000 | 446,000 | 698,000 |
| Income tax | 3,000 | 8,000 | 17,000 | 28,000 |
| Net income | 113,000 | 236,000 | 429,000 | 670,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,536,000 | 5,659,000 | 5,853,000 | 6,093,000 |
| Total capital | 5,924,000 | 6,074,000 | 6,296,000 | 6,580,000 |
| Risk-weighted assets | 30,754,000 | 32,972,000 | 35,273,000 | 38,760,000 |