Call reports 2022
NEW REPUBLIC BANK — 2022
What NEW REPUBLIC 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 | 89,218,000 | 88,119,000 | 103,455,000 | 136,875,000 |
| Total loans | 41,942,000 | 51,945,000 | 64,477,000 | 87,727,000 |
| Allowance for loan losses | 356,000 | 509,000 | 625,000 | 858,000 |
| Securities available for sale | 4,297,000 | 3,883,000 | 5,690,000 | 5,568,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 65,530,000 | 64,215,000 | 79,339,000 | 112,900,000 |
| Interest-bearing deposits | 29,846,000 | 45,406,000 | 66,791,000 | 70,546,000 |
| Noninterest-bearing deposits | 35,684,000 | 18,809,000 | 12,549,000 | 42,354,000 |
| Equity capital | 23,009,000 | 22,460,000 | 21,996,000 | 21,838,000 |
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 | 560,000 | 1,233,000 | 2,211,000 | 3,683,000 |
| Interest expense | 32,000 | 73,000 | 234,000 | 641,000 |
| Net interest income | 528,000 | 1,160,000 | 1,977,000 | 3,042,000 |
| Noninterest income | 11,000 | 55,000 | 79,000 | 104,000 |
| Noninterest expense | 1,139,000 | 2,030,000 | 3,106,000 | 4,289,000 |
| Provision for loan losses | 145,000 | 252,000 | 368,000 | 601,000 |
| Pretax income | -771,000 | -1,221,000 | -1,594,000 | -2,052,000 |
| Income tax | -90,000 | -412,000 | -412,000 | -448,000 |
| Net income | -681,000 | -809,000 | -1,182,000 | -1,604,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,182,000 | 19,938,000 | 19,568,000 | 19,253,000 |
| Total capital | 20,538,000 | 20,446,000 | 20,193,000 | 20,111,000 |
| Risk-weighted assets | 61,730,000 | 66,739,000 | 76,134,000 | 99,302,000 |