Call reports 2022
SOUTH STORY BANK & TRUST — 2022
What SOUTH STORY BANK & TRUST 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 | 370,836,000 | 384,637,000 | 396,960,000 | 437,379,000 |
| Total loans | 287,094,000 | 311,656,000 | 354,293,000 | 372,106,000 |
| Allowance for loan losses | 3,305,000 | 3,519,000 | 3,769,000 | 4,059,000 |
| Securities available for sale | 15,665,000 | 13,119,000 | 12,575,000 | 11,880,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 315,523,000 | 329,240,000 | 321,121,000 | 341,246,000 |
| Interest-bearing deposits | 256,370,000 | 258,147,000 | 254,665,000 | 277,102,000 |
| Noninterest-bearing deposits | 59,153,000 | 71,093,000 | 66,456,000 | 64,144,000 |
| Equity capital | 39,914,000 | 39,863,000 | 40,413,000 | 60,890,000 |
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 | 3,069,000 | 6,517,000 | 10,437,000 | 15,010,000 |
| Interest expense | 314,000 | 694,000 | 1,256,000 | 2,615,000 |
| Net interest income | 2,755,000 | 5,823,000 | 9,181,000 | 12,395,000 |
| Noninterest income | 552,000 | 995,000 | 1,294,000 | 1,519,000 |
| Noninterest expense | 2,530,000 | 5,139,000 | 7,594,000 | 10,206,000 |
| Provision for loan losses | 183,000 | 393,000 | 643,000 | 933,000 |
| Pretax income | 596,000 | 1,285,000 | 2,237,000 | 2,776,000 |
| Income tax | 143,000 | 310,000 | 540,000 | 665,000 |
| Net income | 453,000 | 975,000 | 1,697,000 | 2,111,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,662,000 | 32,253,000 | 33,095,000 | 53,593,000 |