Call reports 2022
UNIVERSITY BANK — 2022
What UNIVERSITY BANK 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 | 480,111,000 | 559,231,000 | 670,830,000 | 781,550,000 |
| Total loans | 305,611,000 | 417,208,000 | 520,787,000 | 625,798,000 |
| Allowance for loan losses | 3,758,000 | 3,731,000 | 3,789,000 | 3,568,000 |
| Securities available for sale | 288,000 | 281,000 | 64,000 | 62,000 |
| Securities held to maturity | 5,403,000 | 6,548,000 | 6,339,000 | 8,840,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 358,920,000 | 437,391,000 | 504,058,000 | 612,871,000 |
| Interest-bearing deposits | 20,258,000 | 19,827,000 | 17,348,000 | 261,378,000 |
| Noninterest-bearing deposits | 338,662,000 | 417,564,000 | 486,709,000 | 351,493,000 |
| Equity capital | 63,546,000 | 64,829,000 | 64,507,000 | 73,008,000 |
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 | 3,268,000 | 7,490,000 | 14,031,000 | 22,237,000 |
| Interest expense | 37,000 | 100,000 | 202,000 | 1,858,000 |
| Net interest income | 3,231,000 | 7,390,000 | 13,829,000 | 20,379,000 |
| Noninterest income | 22,002,000 | 43,232,000 | 59,763,000 | 73,597,000 |
| Noninterest expense | 22,094,000 | 44,834,000 | 67,299,000 | 87,550,000 |
| Provision for loan losses | 76,000 | 43,000 | 96,000 | -130,000 |
| Pretax income | 3,063,000 | 5,745,000 | 6,197,000 | 6,556,000 |
| Income tax | 647,000 | 1,216,000 | 1,314,000 | 1,394,000 |
| Net income | 2,099,000 | 4,251,000 | 4,611,000 | 4,739,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 53,186,000 | 50,592,000 | 62,896,000 | 70,672,000 |