Call reports 2022
SAVERS CO-OPERATIVE BANK — 2022
What SAVERS CO-OPERATIVE 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 | 696,253,000 | 666,351,000 | 670,850,000 | 689,291,000 |
| Total loans | 468,361,000 | 492,246,000 | 501,816,000 | 509,220,000 |
| Allowance for loan losses | 5,125,000 | 5,241,000 | 5,354,000 | 5,468,000 |
| Securities available for sale | 108,440,000 | 111,254,000 | 117,104,000 | 124,466,000 |
| Securities held to maturity | 717,000 | 652,000 | 625,000 | 605,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 553,923,000 | 554,342,000 | 559,512,000 | 562,937,000 |
| Interest-bearing deposits | 461,418,000 | 456,212,000 | 459,050,000 | 469,672,000 |
| Noninterest-bearing deposits | 92,505,000 | 98,130,000 | 100,463,000 | 93,265,000 |
| Equity capital | 70,675,000 | 67,370,000 | 65,876,000 | 67,694,000 |
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 | 5,164,000 | 10,709,000 | 16,716,000 | 23,112,000 |
| Interest expense | 618,000 | 1,205,000 | 1,796,000 | 2,804,000 |
| Net interest income | 4,546,000 | 9,504,000 | 14,920,000 | 20,308,000 |
| Noninterest income | 680,000 | 1,467,000 | 2,219,000 | 3,073,000 |
| Noninterest expense | 4,147,000 | 8,262,000 | 12,219,000 | 15,949,000 |
| Provision for loan losses | 120,000 | 240,000 | 360,000 | 480,000 |
| Pretax income | 959,000 | 2,467,000 | 4,559,000 | 6,950,000 |
| Income tax | 222,000 | 595,000 | 1,133,000 | 1,751,000 |
| Net income | 737,000 | 1,872,000 | 3,426,000 | 5,199,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 74,226,000 | 75,361,000 | 76,916,000 | 78,688,000 |