Call reports 2022
HAPPEN BANK, NATIONAL ASSOCIATION — 2022
What HAPPEN BANK, NATIONAL ASSOCIATION 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 | 5,165,098,000 | 5,662,760,000 | 6,299,148,000 | 7,589,906,000 |
| Total loans | 3,567,413,000 | 4,117,533,000 | 4,896,985,000 | 6,050,265,000 |
| Allowance for loan losses | 187,985,000 | 243,260,000 | 303,201,000 | 327,852,000 |
| Securities available for sale | 345,964,000 | 370,567,000 | 338,096,000 | 329,287,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 4,062,084,000 | 4,591,841,000 | 5,188,845,000 | 6,420,827,000 |
| Interest-bearing deposits | 3,715,847,000 | 4,261,651,000 | 4,868,132,000 | 6,158,560,000 |
| Noninterest-bearing deposits | 346,238,000 | 330,191,000 | 320,713,000 | 262,267,000 |
| Equity capital | 691,114,000 | 760,221,000 | 812,653,000 | 915,740,000 |
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 | 99,823,000 | 219,978,000 | 357,123,000 | 526,480,000 |
| Interest expense | 3,644,000 | 9,857,000 | 25,134,000 | 60,954,000 |
| Net interest income | 96,179,000 | 210,121,000 | 331,989,000 | 465,526,000 |
| Noninterest income | 184,333,000 | 395,458,000 | 574,199,000 | 695,735,000 |
| Noninterest expense | 178,459,000 | 375,095,000 | 552,809,000 | 724,304,000 |
| Provision for loan losses | 52,229,000 | 122,281,000 | 204,880,000 | 266,679,000 |
| Pretax income | 49,544,000 | 107,409,000 | 147,565,000 | 169,631,000 |
| Income tax | 12,355,000 | 29,673,000 | 39,113,000 | 42,354,000 |
| Net income | 37,189,000 | 77,736,000 | 108,452,000 | 127,277,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 577,564,000 | 710,104,000 | 760,419,000 | 852,213,000 |
| Total capital | 623,807,000 | 765,213,000 | 825,801,000 | 932,420,000 |
| Risk-weighted assets | 3,606,564,000 | 4,247,315,000 | 5,018,328,000 | 6,194,033,000 |