Call reports 2022
MEDALLION BANK — 2022
What MEDALLION 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 | 1,644,946,000 | 1,799,486,000 | 1,898,756,000 | 1,954,652,000 |
| Total loans | 1,493,762,000 | 1,638,426,000 | 1,761,563,000 | 1,822,737,000 |
| Allowance for loan losses | 52,955,000 | 58,079,000 | 60,792,000 | 61,630,000 |
| Securities available for sale | 47,076,000 | 50,359,000 | 48,353,000 | 48,492,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,335,639,000 | 1,473,176,000 | 1,559,802,000 | 1,611,022,000 |
| Interest-bearing deposits | 1,335,639,000 | 1,473,176,000 | 1,559,802,000 | 1,611,022,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 273,002,000 | 282,932,000 | 293,231,000 | 306,655,000 |
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 | 41,242,000 | 86,093,000 | 135,283,000 | 187,024,000 |
| Interest expense | 4,154,000 | 9,066,000 | 15,306,000 | 22,667,000 |
| Net interest income | 37,088,000 | 77,027,000 | 119,977,000 | 164,357,000 |
| Noninterest income | -36,000 | 420,000 | 863,000 | 1,125,000 |
| Noninterest expense | 9,332,000 | 19,235,000 | 29,468,000 | 40,522,000 |
| Provision for loan losses | 2,143,000 | 8,130,000 | 16,301,000 | 24,709,000 |
| Pretax income | 25,486,000 | 49,928,000 | 74,842,000 | 100,024,000 |
| Income tax | 6,701,000 | 13,283,000 | 19,927,000 | 25,386,000 |
| Net income | 18,785,000 | 36,645,000 | 54,915,000 | 74,638,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 274,519,000 | 285,867,000 | 297,626,000 | 310,837,000 |
| Total capital | 294,472,000 | 307,653,000 | 320,957,000 | 334,913,000 |
| Risk-weighted assets | 1,563,232,000 | 1,706,568,000 | 1,829,047,000 | 1,888,530,000 |