Call reports 2022
STATE EXCHANGE BANK, THE — 2022
What STATE EXCHANGE BANK, THE 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 | 84,575,000 | 98,394,000 | 94,365,000 | 96,274,000 |
| Total loans | 72,399,000 | 79,585,000 | 79,872,000 | 85,070,000 |
| Allowance for loan losses | 1,577,000 | 1,235,000 | 1,308,000 | 1,479,000 |
| Securities available for sale | 3,945,000 | 3,972,000 | 3,838,000 | 3,798,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 71,555,000 | 84,985,000 | 80,828,000 | 80,782,000 |
| Interest-bearing deposits | 57,035,000 | 71,722,000 | 67,367,000 | 65,968,000 |
| Noninterest-bearing deposits | 14,521,000 | 13,263,000 | 13,460,000 | 14,814,000 |
| Equity capital | 9,435,000 | 9,785,000 | 9,869,000 | 9,875,000 |
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 | 928,000 | 1,978,000 | 3,141,000 | 4,396,000 |
| Interest expense | 107,000 | 254,000 | 520,000 | 883,000 |
| Net interest income | 821,000 | 1,724,000 | 2,621,000 | 3,513,000 |
| Noninterest income | 77,000 | 211,000 | 291,000 | 361,000 |
| Noninterest expense | 495,000 | 950,000 | 1,475,000 | 1,958,000 |
| Provision for loan losses | 60,000 | 120,000 | 190,000 | 190,000 |
| Pretax income | 343,000 | 865,000 | 1,247,000 | 1,726,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 343,000 | 865,000 | 1,247,000 | 1,726,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,616,000 | 10,139,000 | 10,270,000 | 10,249,000 |