Call reports 2022
FOUNDATION ONE BANK — 2022
What FOUNDATION ONE 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 | 163,706,000 | 167,120,000 | 165,000,000 | 163,549,000 |
| Total loans | 130,081,000 | 132,191,000 | 138,380,000 | 135,268,000 |
| Allowance for loan losses | 1,300,000 | 1,360,000 | 1,516,000 | 1,554,000 |
| Securities available for sale | 21,004,000 | 20,357,000 | 13,142,000 | 10,977,000 |
| Securities held to maturity | 0 | 8,873,000 | 8,897,000 | 8,922,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 138,102,000 | 141,624,000 | 134,886,000 | 123,140,000 |
| Interest-bearing deposits | 101,757,000 | 105,741,000 | 99,310,000 | 91,688,000 |
| Noninterest-bearing deposits | 36,345,000 | 35,883,000 | 35,576,000 | 31,452,000 |
| Equity capital | 15,608,000 | 15,823,000 | 16,898,000 | 17,329,000 |
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 | 1,405,000 | 2,906,000 | 4,593,000 | 6,346,000 |
| Interest expense | 146,000 | 290,000 | 481,000 | 792,000 |
| Net interest income | 1,259,000 | 2,616,000 | 4,112,000 | 5,554,000 |
| Noninterest income | 198,000 | 300,000 | 381,000 | 427,000 |
| Noninterest expense | 989,000 | 1,980,000 | 2,964,000 | 3,939,000 |
| Provision for loan losses | 142,000 | 202,000 | 525,000 | 550,000 |
| Pretax income | 326,000 | 734,000 | 1,004,000 | 1,492,000 |
| Income tax | 69,000 | 169,000 | 239,000 | 357,000 |
| Net income | 257,000 | 565,000 | 765,000 | 1,135,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,213,000 | 15,521,000 | 16,722,000 | 17,058,000 |