Call reports 2022
FORBRIGHT BANK — 2022
What FORBRIGHT 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 | 5,445,313,000 | 6,440,675,000 | 6,373,808,000 | 6,506,460,000 |
| Total loans | 3,929,847,000 | 4,569,803,000 | 5,040,530,000 | 5,068,190,000 |
| Allowance for loan losses | 34,185,000 | 37,881,000 | 41,290,000 | 44,477,000 |
| Securities available for sale | 38,324,000 | 35,590,000 | 34,819,000 | 34,707,000 |
| Securities held to maturity | 8,816,000 | 11,866,000 | 46,746,000 | 24,359,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 4,614,652,000 | 5,662,883,000 | 5,572,464,000 | 5,689,931,000 |
| Interest-bearing deposits | 4,058,306,000 | 5,195,060,000 | 5,156,350,000 | 5,324,770,000 |
| Noninterest-bearing deposits | 556,346,000 | 467,823,000 | 416,114,000 | 365,161,000 |
| Equity capital | 620,697,000 | 637,110,000 | 670,082,000 | 703,306,000 |
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 | 58,646,000 | 134,979,000 | 246,979,000 | 376,403,000 |
| Interest expense | 4,605,000 | 15,345,000 | 42,698,000 | 84,134,000 |
| Net interest income | 54,041,000 | 119,634,000 | 204,281,000 | 292,269,000 |
| Noninterest income | 9,548,000 | 9,455,000 | 15,263,000 | 8,817,000 |
| Noninterest expense | 32,240,000 | 70,412,000 | 112,950,000 | 158,447,000 |
| Provision for loan losses | 4,848,000 | 9,628,000 | 15,943,000 | 23,250,000 |
| Pretax income | 26,501,000 | 49,049,000 | 90,651,000 | 119,389,000 |
| Income tax | 6,459,000 | 12,349,000 | 21,883,000 | 28,724,000 |
| Net income | 20,042,000 | 36,700,000 | 68,768,000 | 90,665,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 585,575,000 | 603,924,000 | 637,470,000 | 670,853,000 |
| Total capital | 621,795,000 | 644,127,000 | 681,089,000 | — |
| Risk-weighted assets | 4,554,732,000 | 5,362,333,000 | 5,891,918,000 | — |