Call reports 2022
FIRST NATIONAL BANK, CORTEZ — 2022
What FIRST NATIONAL BANK, CORTEZ 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 | 133,073,000 | 137,501,000 | 139,953,000 | 128,086,000 |
| Total loans | 62,776,000 | 67,447,000 | 70,335,000 | 73,392,000 |
| Allowance for loan losses | 997,000 | 995,000 | 992,000 | 986,000 |
| Securities available for sale | 25,174,000 | 23,268,000 | 21,676,000 | 21,238,000 |
| Securities held to maturity | 16,696,000 | 16,389,000 | 16,129,000 | 16,663,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 114,904,000 | 120,244,000 | 123,325,000 | 116,474,000 |
| Interest-bearing deposits | 77,338,000 | 78,525,000 | 79,939,000 | 77,323,000 |
| Noninterest-bearing deposits | 37,566,000 | 41,719,000 | 43,386,000 | 39,151,000 |
| Equity capital | 11,542,000 | 10,713,000 | 10,115,000 | 10,937,000 |
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 | 1,067,000 | 2,199,000 | 3,444,000 | 4,758,000 |
| Interest expense | 78,000 | 157,000 | 238,000 | 318,000 |
| Net interest income | 989,000 | 2,042,000 | 3,206,000 | 4,440,000 |
| Noninterest income | 110,000 | 227,000 | 353,000 | 470,000 |
| Noninterest expense | 886,000 | 1,730,000 | 2,583,000 | 3,409,000 |
| Provision for loan losses | -20,000 | -20,000 | -20,000 | -20,000 |
| Pretax income | -192,000 | -190,000 | -96,000 | 481,000 |
| Income tax | -51,000 | -53,000 | -33,000 | 29,000 |
| Net income | -141,000 | -137,000 | -63,000 | 452,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,507,000 | 12,513,000 | 12,585,000 | 13,103,000 |
| Total capital | 13,475,000 | 13,533,000 | 13,623,000 | 14,128,000 |
| Risk-weighted assets | 77,354,000 | 81,583,000 | 83,009,000 | 81,956,000 |