Call reports 2022
HERRING BANK — 2022
What HERRING 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 | 514,169,000 | 466,140,000 | 507,499,000 | 471,040,000 |
| Total loans | 342,150,000 | 334,663,000 | 338,460,000 | 351,682,000 |
| Allowance for loan losses | 2,788,000 | 2,824,000 | 2,758,000 | 2,924,000 |
| Securities available for sale | 43,864,000 | 33,302,000 | 31,541,000 | 35,513,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 461,618,000 | 414,891,000 | 455,356,000 | 419,090,000 |
| Interest-bearing deposits | 283,682,000 | 261,759,000 | 255,341,000 | 250,348,000 |
| Noninterest-bearing deposits | 177,936,000 | 153,132,000 | 200,015,000 | 168,742,000 |
| Equity capital | 50,375,000 | 48,994,000 | 49,816,000 | 47,477,000 |
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 | 5,005,000 | 9,597,000 | 15,025,000 | 21,273,000 |
| Interest expense | 270,000 | 516,000 | 759,000 | 1,191,000 |
| Net interest income | 4,735,000 | 9,081,000 | 14,266,000 | 20,082,000 |
| Noninterest income | 2,793,000 | 6,141,000 | 9,065,000 | 12,014,000 |
| Noninterest expense | 6,825,000 | 13,613,000 | 20,334,000 | 26,898,000 |
| Provision for loan losses | -69,000 | 172,000 | 229,000 | 618,000 |
| Pretax income | 671,000 | 1,267,000 | 2,514,000 | 4,339,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 671,000 | 1,267,000 | 2,514,000 | 4,339,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 54,851,000 | 55,447,000 | 56,693,000 | 58,523,000 |
| Total capital | 57,639,000 | 58,271,000 | 59,451,000 | 61,447,000 |
| Risk-weighted assets | 381,937,000 | 367,676,000 | 371,828,000 | 374,035,000 |