Call reports 2022
FIRST CHOICE BANK — 2022
What FIRST CHOICE 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 | 412,408,000 | 409,024,000 | 434,053,000 | 434,542,000 |
| Total loans | 225,855,000 | 240,096,000 | 256,450,000 | 261,669,000 |
| Allowance for loan losses | 2,745,000 | 2,765,000 | 2,743,000 | 2,711,000 |
| Securities available for sale | 122,366,000 | 120,478,000 | 132,926,000 | 134,224,000 |
| Securities held to maturity | 450,000 | 315,000 | 315,000 | 315,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 370,746,000 | 370,082,000 | 397,280,000 | 395,387,000 |
| Interest-bearing deposits | 316,460,000 | 315,474,000 | 339,971,000 | 341,107,000 |
| Noninterest-bearing deposits | 54,286,000 | 54,608,000 | 57,309,000 | 54,280,000 |
| Equity capital | 39,264,000 | 36,692,000 | 34,110,000 | 35,752,000 |
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 | 3,949,000 | 7,801,000 | 12,116,000 | 16,698,000 |
| Interest expense | 565,000 | 1,117,000 | 1,646,000 | 2,483,000 |
| Net interest income | 3,384,000 | 6,684,000 | 10,470,000 | 14,215,000 |
| Noninterest income | 693,000 | 1,409,000 | 2,607,000 | 4,461,000 |
| Noninterest expense | 2,687,000 | 5,345,000 | 8,268,000 | 11,520,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 150,000 |
| Pretax income | 1,360,000 | 2,688,000 | 4,719,000 | 7,006,000 |
| Income tax | 246,000 | 496,000 | 911,000 | 1,471,000 |
| Net income | 1,114,000 | 2,192,000 | 3,808,000 | 5,535,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,144,000 | 47,227,000 | 48,850,000 | 48,299,000 |