Call reports 2022
FIRST STATE BANK OF MIDDLEBURY — 2022
What FIRST STATE BANK OF MIDDLEBURY 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 | 762,511,000 | 734,126,000 | 733,636,000 | 733,792,000 |
| Total loans | 473,409,000 | 500,338,000 | 516,400,000 | 523,117,000 |
| Allowance for loan losses | 6,502,000 | 6,517,000 | 6,610,000 | 6,712,000 |
| Securities available for sale | 212,055,000 | 186,757,000 | 168,210,000 | 165,376,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 633,824,000 | 639,439,000 | 635,423,000 | 626,256,000 |
| Interest-bearing deposits | 471,605,000 | 473,536,000 | 462,300,000 | 455,106,000 |
| Noninterest-bearing deposits | 162,219,000 | 165,903,000 | 173,123,000 | 171,150,000 |
| Equity capital | 74,753,000 | 62,865,000 | 58,042,000 | 64,647,000 |
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 | 6,456,000 | 13,408,000 | 20,924,000 | 29,064,000 |
| Interest expense | 536,000 | 1,055,000 | 1,711,000 | 2,788,000 |
| Net interest income | 5,920,000 | 12,353,000 | 19,213,000 | 26,276,000 |
| Noninterest income | 1,234,000 | 2,884,000 | 4,100,000 | 5,264,000 |
| Noninterest expense | 4,683,000 | 9,497,000 | 14,410,000 | 19,540,000 |
| Provision for loan losses | 36,000 | 98,000 | 167,000 | 235,000 |
| Pretax income | 2,461,000 | 5,812,000 | 8,945,000 | 11,982,000 |
| Income tax | 310,000 | 811,000 | 1,286,000 | 1,833,000 |
| Net income | 2,151,000 | 5,001,000 | 7,659,000 | 10,149,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 85,506,000 | 85,507,000 | 87,315,000 | 88,455,000 |
| Total capital | 92,008,000 | 92,024,000 | 93,925,000 | 95,167,000 |
| Risk-weighted assets | 543,051,000 | 557,837,000 | 569,968,000 | 574,117,000 |