Call reports 2022
RARITAN STATE BANK — 2022
What RARITAN STATE 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 | 238,460,000 | 239,837,000 | 234,557,000 | 240,637,000 |
| Total loans | 140,339,000 | 145,684,000 | 149,887,000 | 153,688,000 |
| Allowance for loan losses | 1,623,000 | 1,619,000 | 1,608,000 | 1,612,000 |
| Securities available for sale | 68,501,000 | 73,363,000 | 70,364,000 | 70,234,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 217,310,000 | 219,122,000 | 209,248,000 | 208,161,000 |
| Interest-bearing deposits | 183,061,000 | 184,156,000 | 177,573,000 | 172,277,000 |
| Noninterest-bearing deposits | 34,249,000 | 34,966,000 | 31,675,000 | 35,884,000 |
| Equity capital | 20,933,000 | 20,343,000 | 19,263,000 | 20,099,000 |
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 | 1,782,000 | 3,576,000 | 5,659,000 | 7,872,000 |
| Interest expense | 189,000 | 409,000 | 688,000 | 1,134,000 |
| Net interest income | 1,593,000 | 3,167,000 | 4,971,000 | 6,738,000 |
| Noninterest income | 111,000 | 252,000 | 348,000 | 481,000 |
| Noninterest expense | 999,000 | 2,009,000 | 3,064,000 | 4,246,000 |
| Provision for loan losses | 0 | 0 | 0 | 80,000 |
| Pretax income | 705,000 | 1,410,000 | 2,255,000 | 2,893,000 |
| Income tax | 181,000 | 362,000 | 584,000 | 749,000 |
| Net income | 524,000 | 1,048,000 | 1,671,000 | 2,144,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,322,000 | 23,785,000 | 24,408,000 | 24,422,000 |