Call reports 2022
LOCUS BANK, INC. — 2022
What LOCUS BANK, INC. 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 | 223,635,000 | 244,775,000 | 260,898,000 | 265,627,000 |
| Total loans | 164,063,000 | 184,298,000 | 207,004,000 | 214,964,000 |
| Allowance for loan losses | 1,224,000 | 1,339,000 | 1,277,000 | 1,349,000 |
| Securities available for sale | 29,465,000 | 30,921,000 | 31,258,000 | 30,845,000 |
| Securities held to maturity | 4,814,000 | 4,746,000 | 4,635,000 | 4,567,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 186,178,000 | 171,699,000 | 168,743,000 | 178,136,000 |
| Interest-bearing deposits | 169,570,000 | 158,016,000 | 155,799,000 | 167,177,000 |
| Noninterest-bearing deposits | 16,608,000 | 13,683,000 | 12,944,000 | 10,959,000 |
| Equity capital | 28,960,000 | 65,168,000 | 64,897,000 | 65,141,000 |
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 | 1,955,000 | 4,029,000 | 6,581,000 | 9,592,000 |
| Interest expense | 290,000 | 570,000 | 1,021,000 | 1,777,000 |
| Net interest income | 1,665,000 | 3,459,000 | 5,560,000 | 7,815,000 |
| Noninterest income | 172,000 | 505,000 | 605,000 | 757,000 |
| Noninterest expense | 1,471,000 | 2,900,000 | 4,418,000 | 5,949,000 |
| Provision for loan losses | -122,000 | 46,000 | 169,000 | 227,000 |
| Pretax income | 488,000 | 1,018,000 | 1,578,000 | 2,207,000 |
| Income tax | 89,000 | 153,000 | 285,000 | 498,000 |
| Net income | 399,000 | 865,000 | 1,293,000 | 1,709,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,064,000 | 66,930,000 | 67,358,000 | 67,295,000 |