Call reports 2022
STATE BANK OF SOUTHERN UTAH — 2022
What STATE BANK OF SOUTHERN UTAH 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 | 2,160,941,000 | 2,189,012,000 | 2,174,491,000 | 2,209,740,000 |
| Total loans | 1,129,374,000 | 1,203,904,000 | 1,241,372,000 | 1,268,276,000 |
| Allowance for loan losses | 13,993,000 | 14,983,000 | 15,246,000 | 14,926,000 |
| Securities available for sale | 851,025,000 | 821,202,000 | 795,352,000 | 792,523,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,945,136,000 | 1,966,424,000 | 1,935,225,000 | 1,936,934,000 |
| Interest-bearing deposits | 1,294,885,000 | 1,296,489,000 | 1,266,536,000 | 1,310,532,000 |
| Noninterest-bearing deposits | 650,251,000 | 669,935,000 | 668,689,000 | 626,402,000 |
| Equity capital | 188,201,000 | 169,721,000 | 166,817,000 | 179,455,000 |
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 | 17,078,000 | 35,207,000 | 54,852,000 | 75,388,000 |
| Interest expense | 1,072,000 | 2,156,000 | 4,078,000 | 7,926,000 |
| Net interest income | 16,006,000 | 33,051,000 | 50,774,000 | 67,462,000 |
| Noninterest income | 2,858,000 | 5,454,000 | 8,184,000 | 12,851,000 |
| Noninterest expense | 9,955,000 | 19,052,000 | 29,838,000 | 42,011,000 |
| Provision for loan losses | 500,000 | 1,500,000 | 1,700,000 | 1,700,000 |
| Pretax income | 8,409,000 | 17,953,000 | 27,420,000 | 36,602,000 |
| Income tax | 2,313,000 | 4,560,000 | 6,310,000 | 8,396,000 |
| Net income | 6,096,000 | 13,393,000 | 21,110,000 | 28,206,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 213,851,000 | 221,228,000 | 226,885,000 | 234,060,000 |