Call reports 2022
FIRST NATIONAL BANK OF STERLING CITY, THE — 2022
What FIRST NATIONAL BANK OF STERLING CITY, 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 | 243,781,000 | 244,418,000 | 257,899,000 | 246,668,000 |
| Total loans | 28,382,000 | 29,741,000 | 29,669,000 | 29,233,000 |
| Allowance for loan losses | 352,000 | 359,000 | 363,000 | 363,000 |
| Securities available for sale | 132,815,000 | 130,796,000 | 146,563,000 | 152,693,000 |
| Securities held to maturity | 43,954,000 | 42,948,000 | 41,077,000 | 41,357,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 233,100,000 | 237,840,000 | 252,804,000 | 241,305,000 |
| Interest-bearing deposits | 123,823,000 | 123,137,000 | 132,887,000 | 128,165,000 |
| Noninterest-bearing deposits | 109,277,000 | 114,703,000 | 119,917,000 | 113,141,000 |
| Equity capital | 10,080,000 | 5,903,000 | 4,440,000 | 4,768,000 |
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 | 1,037,000 | 2,235,000 | 3,668,000 | 5,342,000 |
| Interest expense | 22,000 | 56,000 | 163,000 | 332,000 |
| Net interest income | 1,015,000 | 2,179,000 | 3,505,000 | 5,010,000 |
| Noninterest income | 106,000 | 198,000 | 295,000 | 433,000 |
| Noninterest expense | 703,000 | 1,407,000 | 2,130,000 | 2,956,000 |
| Provision for loan losses | 0 | -51,000 | -51,000 | -51,000 |
| Pretax income | 418,000 | 1,021,000 | 1,721,000 | 2,527,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 418,000 | 1,021,000 | 1,721,000 | 2,527,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,090,000 | 20,204,000 | 21,154,000 | 21,261,000 |
| Total capital | 19,442,000 | 20,562,000 | 21,517,000 | 21,624,000 |
| Risk-weighted assets | 57,178,000 | 57,779,000 | 61,029,000 | 60,036,000 |