Call reports 2022
ERGO BANK — 2022
What ERGO 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 | 140,301,000 | 138,208,000 | 144,049,000 | 148,421,000 |
| Total loans | 101,247,000 | 110,599,000 | 117,767,000 | 121,401,000 |
| Allowance for loan losses | 1,401,000 | 1,426,000 | 1,447,000 | 1,466,000 |
| Securities available for sale | 21,470,000 | 19,882,000 | 18,130,000 | 17,855,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 118,682,000 | 120,078,000 | 122,659,000 | 123,276,000 |
| Interest-bearing deposits | 106,813,000 | 106,740,000 | 107,406,000 | 106,171,000 |
| Noninterest-bearing deposits | 11,869,000 | 13,338,000 | 15,253,000 | 17,105,000 |
| Equity capital | 11,316,000 | 10,791,000 | 10,427,000 | 10,659,000 |
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 | 1,222,000 | 2,558,000 | 3,992,000 | 5,527,000 |
| Interest expense | 135,000 | 280,000 | 464,000 | 769,000 |
| Net interest income | 1,087,000 | 2,278,000 | 3,528,000 | 4,758,000 |
| Noninterest income | 172,000 | 418,000 | 501,000 | 588,000 |
| Noninterest expense | 944,000 | 1,904,000 | 2,898,000 | 3,804,000 |
| Provision for loan losses | 18,000 | 38,000 | 59,000 | 78,000 |
| Pretax income | 329,000 | 772,000 | 1,089,000 | 1,482,000 |
| Income tax | 71,000 | 197,000 | 273,000 | 372,000 |
| Net income | 258,000 | 575,000 | 816,000 | 1,110,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,368,000 | 12,629,000 | 12,795,000 | 12,988,000 |