Call reports 2022
BUSINESS BANK, THE — 2022
What BUSINESS BANK, THE reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q3 | 2022Q4 |
|---|---|---|
| Total assets | 38,217,000 | 87,230,000 |
| Total loans | 7,648,000 | 22,351,000 |
| Allowance for loan losses | 76,000 | 224,000 |
| Securities available for sale | 0 | 0 |
| Securities held to maturity | 15,029,000 | 40,196,000 |
| Trading assets | 0 | 0 |
| Total deposits | 6,690,000 | 56,740,000 |
| Interest-bearing deposits | 6,180,000 | 55,350,000 |
| Noninterest-bearing deposits | 510,000 | 1,390,000 |
| Equity capital | 30,598,000 | 29,627,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q3 | 2022Q4 |
|---|---|---|
| Interest income | 158,000 | 704,000 |
| Interest expense | 2,000 | 203,000 |
| Net interest income | 156,000 | 501,000 |
| Noninterest income | 0 | 1,000 |
| Noninterest expense | 594,000 | 1,745,000 |
| Provision for loan losses | 76,000 | 224,000 |
| Pretax income | -514,000 | -1,467,000 |
| Income tax | 0 | 0 |
| Net income | -514,000 | -1,467,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q3 | 2022Q4 |
|---|---|---|
| Tier 1 capital | 30,598,000 | 29,627,000 |