Call reports 2022
BEACON BUSINESS BANK, NATIONAL ASSOCIATION — 2022
What BEACON BUSINESS BANK, NATIONAL ASSOCIATION 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 | 155,485,000 | 154,240,000 | 153,554,000 | 148,117,000 |
| Total loans | 68,571,000 | 77,307,000 | 80,028,000 | 84,283,000 |
| Allowance for loan losses | 1,285,000 | 1,360,000 | 1,416,000 | 1,360,000 |
| Securities available for sale | 52,063,000 | 49,097,000 | 47,177,000 | 48,595,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 136,597,000 | 137,781,000 | 139,793,000 | 116,233,000 |
| Interest-bearing deposits | 94,239,000 | 95,684,000 | 91,176,000 | 74,403,000 |
| Noninterest-bearing deposits | 42,358,000 | 42,097,000 | 48,617,000 | 41,830,000 |
| Equity capital | 16,833,000 | 14,728,000 | 12,636,000 | 13,110,000 |
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 | 1,039,000 | 2,188,000 | 3,560,000 | 5,054,000 |
| Interest expense | 46,000 | 92,000 | 139,000 | 198,000 |
| Net interest income | 993,000 | 2,096,000 | 3,421,000 | 4,856,000 |
| Noninterest income | 470,000 | 941,000 | 1,661,000 | 1,802,000 |
| Noninterest expense | 1,440,000 | 2,853,000 | 4,411,000 | 5,873,000 |
| Provision for loan losses | -190,000 | -115,000 | -59,000 | -115,000 |
| Pretax income | 213,000 | 299,000 | 730,000 | 900,000 |
| Income tax | 2,000 | 4,000 | 5,000 | 7,000 |
| Net income | 211,000 | 295,000 | 725,000 | 893,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,260,000 | 20,345,000 | 19,660,000 | 19,828,000 |
| Total capital | 21,214,000 | 21,449,000 | 20,797,000 | 21,075,000 |
| Risk-weighted assets | 75,957,000 | 88,060,000 | 90,651,000 | 99,594,000 |