Call reports 2022
APPLIED BANK — 2022
What APPLIED 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 | 262,067,000 | 274,514,000 | 295,744,000 | 234,875,000 |
| Total loans | 38,769,000 | 41,880,000 | 39,594,000 | 49,684,000 |
| Allowance for loan losses | 208,000 | 232,000 | 245,000 | 307,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 221,210,000 | 233,296,000 | 253,115,000 | 190,567,000 |
| Interest-bearing deposits | 137,779,000 | 141,882,000 | 136,152,000 | 117,628,000 |
| Noninterest-bearing deposits | 83,431,000 | 91,414,000 | 116,963,000 | 72,939,000 |
| Equity capital | 40,173,000 | 40,586,000 | 41,846,000 | 43,765,000 |
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 | 803,000 | 1,851,000 | 3,911,000 | 6,773,000 |
| Interest expense | 14,000 | 32,000 | 49,000 | 65,000 |
| Net interest income | 789,000 | 1,819,000 | 3,862,000 | 6,708,000 |
| Noninterest income | 993,000 | 1,915,000 | 2,778,000 | 3,559,000 |
| Noninterest expense | 1,521,000 | 3,015,000 | 4,584,000 | 6,132,000 |
| Provision for loan losses | -26,000 | -2,000 | 10,000 | 72,000 |
| Pretax income | 287,000 | 721,000 | 2,046,000 | 4,063,000 |
| Income tax | 14,000 | 35,000 | 100,000 | 198,000 |
| Net income | 273,000 | 686,000 | 1,946,000 | 3,865,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,173,000 | 40,586,000 | 41,846,000 | 43,765,000 |
| Total capital | 40,381,000 | 40,818,000 | 42,091,000 | 44,072,000 |
| Risk-weighted assets | 45,101,000 | 51,925,000 | 49,536,000 | 54,978,000 |