Call reports 2022
QUONTIC BANK — 2022
What QUONTIC 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 | 872,052,000 | 835,364,000 | 793,429,000 | 632,715,000 |
| Total loans | 634,315,000 | 635,983,000 | 475,214,000 | 484,424,000 |
| Allowance for loan losses | 396,000 | 290,000 | 226,000 | 279,000 |
| Securities available for sale | 4,765,000 | 4,624,000 | 4,484,000 | 4,464,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 632,516,000 | 667,207,000 | 661,186,000 | 515,865,000 |
| Interest-bearing deposits | 611,929,000 | 648,409,000 | 643,828,000 | 499,097,000 |
| Noninterest-bearing deposits | 20,587,000 | 18,798,000 | 17,359,000 | 16,768,000 |
| Equity capital | 97,402,000 | 84,319,000 | 84,530,000 | 82,021,000 |
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 | 8,944,000 | 18,695,000 | 30,019,000 | 39,659,000 |
| Interest expense | 1,154,000 | 2,688,000 | 5,880,000 | 9,186,000 |
| Net interest income | 7,790,000 | 16,007,000 | 24,139,000 | 30,473,000 |
| Noninterest income | -3,794,000 | -10,628,000 | -2,659,000 | 1,412,000 |
| Noninterest expense | 17,722,000 | 37,664,000 | 53,318,000 | 68,460,000 |
| Provision for loan losses | -207,000 | -302,000 | -352,000 | -285,000 |
| Pretax income | -13,519,000 | -31,983,000 | -31,486,000 | -36,290,000 |
| Income tax | -4,056,000 | -9,576,000 | -9,427,000 | -11,584,000 |
| Net income | -9,463,000 | -22,407,000 | -22,059,000 | -24,706,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 95,985,000 | 83,041,000 | 83,389,000 | 69,839,000 |