Call reports 2022
FORWARD BANK — 2022
What FORWARD 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 | 879,472,000 | 897,881,000 | 911,920,000 | 935,505,000 |
| Total loans | 562,797,000 | 592,842,000 | 629,264,000 | 643,770,000 |
| Allowance for loan losses | 5,282,000 | 5,516,000 | 5,813,000 | 6,019,000 |
| Securities available for sale | 216,801,000 | 201,358,000 | 189,176,000 | 186,364,000 |
| Securities held to maturity | 305,000 | 305,000 | 305,000 | 305,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 789,396,000 | 799,929,000 | 811,707,000 | 817,509,000 |
| Interest-bearing deposits | 578,493,000 | 578,707,000 | 597,103,000 | 589,769,000 |
| Noninterest-bearing deposits | 210,903,000 | 221,222,000 | 214,604,000 | 227,740,000 |
| Equity capital | 78,766,000 | 72,985,000 | 68,950,000 | 71,009,000 |
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 | 6,832,000 | 14,253,000 | 22,362,000 | 31,304,000 |
| Interest expense | 402,000 | 849,000 | 1,625,000 | 2,929,000 |
| Net interest income | 6,430,000 | 13,404,000 | 20,737,000 | 28,375,000 |
| Noninterest income | 2,185,000 | 4,492,000 | 6,724,000 | 9,526,000 |
| Noninterest expense | 6,531,000 | 13,173,000 | 20,037,000 | 28,919,000 |
| Provision for loan losses | 225,000 | 474,000 | 785,000 | 1,010,000 |
| Pretax income | 1,859,000 | 4,212,000 | 6,602,000 | 7,935,000 |
| Income tax | 431,000 | 998,000 | 1,562,000 | 1,772,000 |
| Net income | 1,428,000 | 3,214,000 | 5,040,000 | 6,163,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 72,736,000 | 74,341,000 | 75,967,000 | 76,832,000 |
| Total capital | 78,018,000 | 79,857,000 | 81,780,000 | 82,851,000 |
| Risk-weighted assets | 610,437,000 | 642,995,000 | 676,409,000 | 689,508,000 |