Call reports 2022
ARMED FORCES BANK, NATIONAL ASSOCIATION — 2022
What ARMED FORCES 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 | 1,239,154,000 | 1,296,908,000 | 1,203,820,000 | 1,208,483,000 |
| Total loans | 631,049,000 | 741,368,000 | 746,038,000 | 756,587,000 |
| Allowance for loan losses | 10,503,000 | 10,358,000 | 10,627,000 | 11,114,000 |
| Securities available for sale | 418,628,000 | 386,084,000 | 349,043,000 | 347,494,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,057,292,000 | 1,051,261,000 | 1,034,400,000 | 1,043,937,000 |
| Interest-bearing deposits | 707,151,000 | 703,526,000 | 691,716,000 | 707,515,000 |
| Noninterest-bearing deposits | 350,141,000 | 347,735,000 | 342,684,000 | 336,422,000 |
| Equity capital | 165,132,000 | 155,974,000 | 140,412,000 | 151,038,000 |
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 | 8,844,000 | 18,809,000 | 30,436,000 | 42,950,000 |
| Interest expense | 173,000 | 353,000 | 917,000 | 2,069,000 |
| Net interest income | 8,671,000 | 18,456,000 | 29,519,000 | 40,881,000 |
| Noninterest income | 12,329,000 | 25,665,000 | 36,385,000 | 48,331,000 |
| Noninterest expense | 16,987,000 | 33,277,000 | 49,237,000 | 65,537,000 |
| Provision for loan losses | 300,000 | 1,200,000 | 2,500,000 | 4,100,000 |
| Pretax income | 3,464,000 | 9,222,000 | 13,535,000 | 18,969,000 |
| Income tax | 833,000 | 2,230,000 | 3,307,000 | 4,838,000 |
| Net income | 2,631,000 | 6,992,000 | 10,228,000 | 14,131,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 172,112,000 | 174,099,000 | 174,945,000 | 176,636,000 |
| Total capital | 181,878,000 | 184,648,000 | 185,456,000 | 187,032,000 |
| Risk-weighted assets | 780,340,000 | 861,910,000 | 840,606,000 | 830,765,000 |