Call reports 2022
STATE BANK OF FARIBAULT, THE — 2022
What STATE BANK OF FARIBAULT, THE 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 | 288,524,000 | 289,625,000 | 284,324,000 | 285,774,000 |
| Total loans | 147,516,000 | 150,941,000 | 152,926,000 | 153,468,000 |
| Allowance for loan losses | 2,832,000 | 2,847,000 | 2,869,000 | 2,895,000 |
| Securities available for sale | 110,019,000 | 106,851,000 | 102,093,000 | 105,706,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 269,708,000 | 274,956,000 | 274,355,000 | 272,743,000 |
| Interest-bearing deposits | 191,449,000 | 195,514,000 | 192,299,000 | 191,360,000 |
| Noninterest-bearing deposits | 78,259,000 | 79,442,000 | 82,056,000 | 81,383,000 |
| Equity capital | 16,046,000 | 11,835,000 | 6,934,000 | 10,043,000 |
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 | 2,370,000 | 4,862,000 | 7,540,000 | 10,386,000 |
| Interest expense | 103,000 | 223,000 | 451,000 | 879,000 |
| Net interest income | 2,267,000 | 4,639,000 | 7,089,000 | 9,507,000 |
| Noninterest income | 521,000 | 1,180,000 | 1,765,000 | 2,284,000 |
| Noninterest expense | 2,083,000 | 4,204,000 | 6,491,000 | 9,263,000 |
| Provision for loan losses | 9,000 | 18,000 | 27,000 | 36,000 |
| Pretax income | 696,000 | 1,597,000 | 2,338,000 | 2,382,000 |
| Income tax | 62,000 | 122,000 | 182,000 | 242,000 |
| Net income | 634,000 | 1,475,000 | 2,156,000 | 2,140,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,510,000 | 24,976,000 | 25,430,000 | 25,415,000 |
| Total capital | 26,932,000 | 27,475,000 | 27,997,000 | 27,980,000 |
| Risk-weighted assets | 193,341,000 | 199,543,000 | 205,088,000 | 204,882,000 |