Call reports 2022
FRANKLIN STATE BANK — 2022
What FRANKLIN STATE 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 | 40,261,000 | 39,604,000 | 38,931,000 | 38,725,000 |
| Total loans | 21,209,000 | 22,929,000 | 24,221,000 | 24,595,000 |
| Allowance for loan losses | 215,000 | 217,000 | 221,000 | 224,000 |
| Securities available for sale | 8,025,000 | 8,620,000 | 8,280,000 | 8,342,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 34,587,000 | 34,020,000 | 33,143,000 | 33,098,000 |
| Interest-bearing deposits | 24,243,000 | 24,174,000 | 23,450,000 | 23,182,000 |
| Noninterest-bearing deposits | 10,344,000 | 9,846,000 | 9,693,000 | 9,916,000 |
| Equity capital | 5,112,000 | 5,073,000 | 4,982,000 | 4,975,000 |
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 | 276,000 | 574,000 | 901,000 | 1,234,000 |
| Interest expense | 25,000 | 52,000 | 88,000 | 132,000 |
| Net interest income | 251,000 | 522,000 | 813,000 | 1,102,000 |
| Noninterest income | 19,000 | 37,000 | 64,000 | 80,000 |
| Noninterest expense | 194,000 | 387,000 | 589,000 | 810,000 |
| Provision for loan losses | 3,000 | 6,000 | 9,000 | 12,000 |
| Pretax income | 72,000 | 163,000 | 276,000 | 357,000 |
| Income tax | 36,000 | 57,000 | 92,000 | 126,000 |
| Net income | 36,000 | 106,000 | 184,000 | 231,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,410,000 | 5,481,000 | 5,559,000 | 5,456,000 |