Call reports 2022
APEX BANK — 2022
What APEX 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 | 980,533,000 | 982,738,000 | 1,109,929,000 | 1,141,295,000 |
| Total loans | 689,961,000 | 735,537,000 | 966,297,000 | 968,126,000 |
| Allowance for loan losses | 7,875,000 | 8,187,000 | 11,153,000 | 12,062,000 |
| Securities available for sale | 261,000 | 0 | 0 | 3,040,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 806,804,000 | 808,841,000 | 931,834,000 | 914,909,000 |
| Interest-bearing deposits | 695,642,000 | 698,971,000 | 814,689,000 | 808,122,000 |
| Noninterest-bearing deposits | 111,162,000 | 109,870,000 | 117,145,000 | 106,787,000 |
| Equity capital | 138,021,000 | 144,920,000 | 151,718,000 | 158,369,000 |
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 | 16,927,000 | 32,066,000 | 50,210,000 | 67,940,000 |
| Interest expense | 1,503,000 | 2,978,000 | 5,046,000 | 8,615,000 |
| Net interest income | 15,424,000 | 29,088,000 | 45,164,000 | 59,325,000 |
| Noninterest income | 1,639,000 | 3,689,000 | 4,787,000 | 5,917,000 |
| Noninterest expense | 5,084,000 | 10,525,000 | 16,470,000 | 22,403,000 |
| Provision for loan losses | 0 | 900,000 | 3,900,000 | 4,700,000 |
| Pretax income | 11,979,000 | 21,352,000 | 29,581,000 | 38,139,000 |
| Income tax | 3,162,000 | 5,636,000 | 7,067,000 | 8,871,000 |
| Net income | 8,817,000 | 15,716,000 | 22,514,000 | 29,268,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 129,075,000 | 136,040,000 | 142,903,000 | 149,725,000 |