Call reports 2022
PIERMONT BANK — 2022
What PIERMONT 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 | 385,004,000 | 440,161,000 | 448,924,000 | 467,080,000 |
| Total loans | 170,430,000 | 224,388,000 | 277,831,000 | 341,868,000 |
| Allowance for loan losses | 2,295,000 | 3,043,000 | 3,770,000 | 4,613,000 |
| Securities available for sale | 64,394,000 | 74,413,000 | 82,725,000 | 80,601,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 334,056,000 | 370,057,000 | 380,454,000 | 378,392,000 |
| Interest-bearing deposits | 125,689,000 | 145,366,000 | 150,303,000 | 201,639,000 |
| Noninterest-bearing deposits | 208,367,000 | 224,691,000 | 230,151,000 | 176,753,000 |
| Equity capital | 47,321,000 | 67,761,000 | 65,134,000 | 65,722,000 |
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 | 2,493,000 | 5,314,000 | 9,614,000 | 15,214,000 |
| Interest expense | 81,000 | 195,000 | 794,000 | 2,558,000 |
| Net interest income | 2,412,000 | 5,119,000 | 8,820,000 | 12,656,000 |
| Noninterest income | 723,000 | 1,549,000 | 2,356,000 | 3,277,000 |
| Noninterest expense | 2,713,000 | 7,082,000 | 10,484,000 | 14,366,000 |
| Provision for loan losses | 251,000 | 999,000 | 1,726,000 | 2,569,000 |
| Pretax income | 171,000 | -1,413,000 | -1,034,000 | -1,002,000 |
| Income tax | 15,000 | 32,000 | 56,000 | 131,000 |
| Net income | 156,000 | -1,445,000 | -1,090,000 | -1,133,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 50,261,000 | 72,446,000 | 72,511,000 | 72,723,000 |
| Total capital | 52,556,000 | 75,489,000 | 76,281,000 | 77,336,000 |
| Risk-weighted assets | 189,644,000 | 248,789,000 | 307,427,000 | 370,759,000 |