Call reports 2022
NEW CENTURY BANK — 2022
What NEW CENTURY 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 | 60,428,000 | 59,825,000 | 57,242,000 | 54,829,000 |
| Total loans | 46,736,000 | 47,766,000 | 46,226,000 | 45,200,000 |
| Allowance for loan losses | 885,000 | 884,000 | 884,000 | 869,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 50,588,000 | 50,168,000 | 47,174,000 | 44,831,000 |
| Interest-bearing deposits | 42,725,000 | 41,492,000 | 38,767,000 | 35,998,000 |
| Noninterest-bearing deposits | 7,863,000 | 8,676,000 | 8,407,000 | 8,833,000 |
| Equity capital | 7,829,000 | 7,685,000 | 8,106,000 | 8,187,000 |
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 | 938,000 | 2,020,000 | 3,085,000 | 4,178,000 |
| Interest expense | 117,000 | 233,000 | 351,000 | 487,000 |
| Net interest income | 821,000 | 1,787,000 | 2,734,000 | 3,691,000 |
| Noninterest income | 244,000 | 448,000 | 591,000 | 679,000 |
| Noninterest expense | 705,000 | 1,399,000 | 2,049,000 | 2,684,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 360,000 | 837,000 | 1,279,000 | 1,689,000 |
| Income tax | 9,000 | 30,000 | 50,000 | 79,000 |
| Net income | 351,000 | 807,000 | 1,229,000 | 1,610,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,829,000 | 7,685,000 | 8,106,000 | 8,187,000 |
| Total capital | 8,273,000 | 8,194,000 | 8,599,000 | 8,672,000 |
| Risk-weighted assets | 35,086,000 | 40,419,000 | 39,126,000 | 38,418,000 |