Call reports 2022
SMARTBIZ BANK, N.A. — 2022
What SMARTBIZ BANK, N.A. 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 | 165,463,000 | 163,977,000 | 152,663,000 | 149,778,000 |
| Total loans | 94,321,000 | 93,801,000 | 92,942,000 | 96,111,000 |
| Allowance for loan losses | 1,677,000 | 1,717,000 | 1,862,000 | 1,736,000 |
| Securities available for sale | 23,547,000 | 21,868,000 | 25,246,000 | 25,043,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 144,022,000 | 142,060,000 | 130,556,000 | 126,589,000 |
| Interest-bearing deposits | 79,446,000 | 77,514,000 | 82,123,000 | 82,971,000 |
| Noninterest-bearing deposits | 64,576,000 | 64,546,000 | 48,433,000 | 43,617,000 |
| Equity capital | 19,374,000 | 18,820,000 | 18,955,000 | 19,517,000 |
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 | 1,556,000 | 3,284,000 | 5,335,000 | 7,556,000 |
| Interest expense | 69,000 | 150,000 | 320,000 | 648,000 |
| Net interest income | 1,487,000 | 3,134,000 | 5,015,000 | 6,908,000 |
| Noninterest income | 416,000 | 659,000 | 1,208,000 | 1,394,000 |
| Noninterest expense | 1,534,000 | 2,989,000 | 4,233,000 | 5,693,000 |
| Provision for loan losses | 0 | 40,000 | 185,000 | 250,000 |
| Pretax income | 369,000 | 764,000 | 1,690,000 | 2,263,000 |
| Income tax | 105,000 | 214,000 | 482,000 | 645,000 |
| Net income | 264,000 | 550,000 | 1,208,000 | 1,618,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,502,000 | 16,262,000 | 17,100,000 | 17,920,000 |
| Total capital | 17,767,000 | 17,525,000 | 18,396,000 | 19,234,000 |
| Risk-weighted assets | 100,788,000 | 100,551,000 | 103,143,000 | 104,681,000 |