FACTANKER · measured, cited, anchored official records connected

Call reports 2022

PROSPECT BANK — 2022

What PROSPECT BANK reported to the FFIEC in 2022, quarter by quarter.

PERIOD: 2022SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/e551e230-7f5d-4ef0-b5fd-c82c8871f193/2022

Balance sheet

What the bank holds and owes at quarter end

Measure2022Q12022Q22022Q32022Q4
Total assets726,627,000715,070,000728,049,000719,036,000
Total loans427,021,000422,141,000448,152,000459,603,000
Allowance for loan losses4,728,0004,813,0005,010,0005,062,000
Securities available for sale268,016,000256,186,000244,510,000221,886,000
Securities held to maturity0000
Trading assets2,425,0002,301,0002,248,0002,240,000
Total deposits641,426,000616,650,000618,455,000572,380,000
Interest-bearing deposits566,078,000535,253,000534,675,000499,531,000
Noninterest-bearing deposits75,348,00081,397,00083,780,00072,849,000
Equity capital46,236,00034,101,00025,854,00026,706,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2022Q12022Q22022Q32022Q4
Interest income5,216,00010,664,00016,726,00023,399,000
Interest expense276,000641,0001,514,0003,375,000
Net interest income4,940,00010,023,00015,212,00020,024,000
Noninterest income833,0001,556,0002,355,0003,110,000
Noninterest expense4,073,0008,081,00012,062,00015,871,000
Provision for loan losses-46,000-94,000265,000530,000
Pretax income1,746,0003,592,0005,240,0006,733,000
Income tax66,00022,00038,00054,000
Net income1,680,0003,570,0005,202,0006,679,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2022Q12022Q22022Q32022Q4
Tier 1 capital60,910,00061,429,00062,062,00063,159,000
Total capital65,638,00066,242,00067,072,00068,221,000
Risk-weighted assets507,876,000509,316,000526,071,000533,755,000