Call reports 2022
BANK INDEPENDENT — 2022
What BANK INDEPENDENT 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 | 2,272,473,000 | 2,269,802,000 | 2,267,115,000 | 2,369,774,000 |
| Total loans | 1,368,014,000 | 1,472,504,000 | 1,543,431,000 | 1,618,978,000 |
| Allowance for loan losses | 17,394,000 | 16,163,000 | 16,680,000 | 16,715,000 |
| Securities available for sale | 473,086,000 | 513,727,000 | 471,760,000 | 466,357,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,963,871,000 | 1,958,946,000 | 1,944,864,000 | 1,928,368,000 |
| Interest-bearing deposits | 1,378,661,000 | 1,376,245,000 | 1,371,270,000 | 1,356,504,000 |
| Noninterest-bearing deposits | 585,210,000 | 582,701,000 | 573,594,000 | 571,864,000 |
| Equity capital | 177,452,000 | 172,279,000 | 172,920,000 | 179,767,000 |
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 | 21,717,000 | 45,668,000 | 72,854,000 | 102,204,000 |
| Interest expense | 1,181,000 | 2,167,000 | 3,091,000 | 4,891,000 |
| Net interest income | 20,536,000 | 43,501,000 | 69,763,000 | 97,313,000 |
| Noninterest income | 5,589,000 | 11,249,000 | 17,136,000 | 23,310,000 |
| Noninterest expense | 20,644,000 | 40,883,000 | 62,141,000 | 83,251,000 |
| Provision for loan losses | 1,050,000 | 1,800,000 | 2,550,000 | 3,300,000 |
| Pretax income | 4,431,000 | 12,067,000 | 21,923,000 | 33,434,000 |
| Income tax | 1,115,000 | 2,929,000 | 5,228,000 | 7,935,000 |
| Net income | 3,316,000 | 9,138,000 | 16,695,000 | 25,499,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 184,929,000 | 189,033,000 | 194,688,000 | 201,488,000 |
| Total capital | 202,323,000 | 205,196,000 | 211,368,000 | 218,203,000 |
| Risk-weighted assets | 1,508,715,000 | 1,642,574,000 | 1,762,679,000 | 1,873,232,000 |