Call reports 2022
FIRST SERVICE BANK — 2022
What FIRST SERVICE 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 | 482,713,000 | 491,989,000 | 535,079,000 | 552,555,000 |
| Total loans | 382,250,000 | 394,972,000 | 428,752,000 | 459,161,000 |
| Allowance for loan losses | 6,006,000 | 6,256,000 | 6,504,000 | 6,728,000 |
| Securities available for sale | 41,250,000 | 37,954,000 | 36,104,000 | 37,709,000 |
| Securities held to maturity | 3,824,000 | 3,820,000 | 3,817,000 | 3,690,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 428,162,000 | 437,572,000 | 480,659,000 | 489,090,000 |
| Interest-bearing deposits | 318,645,000 | 331,167,000 | 371,964,000 | 389,027,000 |
| Noninterest-bearing deposits | 109,516,000 | 106,406,000 | 108,694,000 | 100,064,000 |
| Equity capital | 51,953,000 | 52,075,000 | 51,838,000 | 52,984,000 |
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 | 5,486,000 | 10,985,000 | 17,130,000 | 24,057,000 |
| Interest expense | 431,000 | 871,000 | 1,584,000 | 2,966,000 |
| Net interest income | 5,055,000 | 10,114,000 | 15,546,000 | 21,091,000 |
| Noninterest income | 1,798,000 | 3,247,000 | 4,348,000 | 5,446,000 |
| Noninterest expense | 3,819,000 | 8,326,000 | 12,639,000 | 17,015,000 |
| Provision for loan losses | 251,000 | 502,000 | 753,000 | 1,004,000 |
| Pretax income | 2,783,000 | 4,533,000 | 6,502,000 | 8,518,000 |
| Income tax | 669,000 | 1,118,000 | 1,630,000 | 2,152,000 |
| Net income | 2,114,000 | 3,415,000 | 4,872,000 | 6,366,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 54,712,000 | 56,011,000 | 56,993,000 | 56,963,000 |