Call reports 2022
SPECTRA BANK — 2022
What SPECTRA 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 | 90,163,000 | 86,229,000 | 80,069,000 | 83,043,000 |
| Total loans | 29,133,000 | 37,195,000 | 40,013,000 | 42,538,000 |
| Allowance for loan losses | 903,000 | 706,000 | 727,000 | 734,000 |
| Securities available for sale | 15,141,000 | 18,044,000 | 17,346,000 | 17,525,000 |
| Securities held to maturity | 996,000 | 997,000 | 998,000 | 999,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 86,021,000 | 81,675,000 | 76,111,000 | 79,040,000 |
| Interest-bearing deposits | 47,470,000 | 40,085,000 | 34,478,000 | 35,009,000 |
| Noninterest-bearing deposits | 38,551,000 | 41,590,000 | 41,633,000 | 44,031,000 |
| Equity capital | 3,886,000 | 4,293,000 | 3,682,000 | 3,713,000 |
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 | 456,000 | 1,025,000 | 1,717,000 | 2,544,000 |
| Interest expense | 80,000 | 138,000 | 187,000 | 302,000 |
| Net interest income | 376,000 | 887,000 | 1,530,000 | 2,242,000 |
| Noninterest income | 230,000 | 610,000 | 1,051,000 | 1,489,000 |
| Noninterest expense | 902,000 | 1,702,000 | 2,704,000 | 4,008,000 |
| Provision for loan losses | 0 | -750,000 | -750,000 | -750,000 |
| Pretax income | -296,000 | 545,000 | 627,000 | 473,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -296,000 | 545,000 | 627,000 | 473,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,772,000 | 5,629,000 | 5,713,000 | 5,562,000 |
| Total capital | 2,772,000 | 6,208,000 | 6,298,000 | 6,191,000 |
| Risk-weighted assets | 43,747,000 | 46,232,000 | 46,676,000 | 50,234,000 |