Call reports 2022
PATRIOTS BANK — 2022
What PATRIOTS 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 | 174,846,000 | 183,270,000 | 187,601,000 | 197,041,000 |
| Total loans | 138,148,000 | 150,569,000 | 153,667,000 | 160,347,000 |
| Allowance for loan losses | 1,309,000 | 1,390,000 | 1,446,000 | 1,522,000 |
| Securities available for sale | 26,038,000 | 23,582,000 | 22,392,000 | 23,490,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 151,443,000 | 152,577,000 | 155,843,000 | 159,184,000 |
| Interest-bearing deposits | 115,479,000 | 117,774,000 | 120,832,000 | 121,835,000 |
| Noninterest-bearing deposits | 35,964,000 | 34,803,000 | 35,011,000 | 37,349,000 |
| Equity capital | 13,541,000 | 13,207,000 | 12,513,000 | 12,619,000 |
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 | 1,814,000 | 3,773,000 | 5,799,000 | 8,075,000 |
| Interest expense | 115,000 | 248,000 | 463,000 | 818,000 |
| Net interest income | 1,699,000 | 3,525,000 | 5,336,000 | 7,257,000 |
| Noninterest income | 240,000 | 466,000 | 679,000 | 871,000 |
| Noninterest expense | 1,488,000 | 3,009,000 | 4,533,000 | 6,784,000 |
| Provision for loan losses | 59,000 | 159,000 | 214,000 | 1,029,000 |
| Pretax income | 392,000 | 818,000 | 1,253,000 | 300,000 |
| Income tax | -8,000 | 11,000 | 30,000 | 46,000 |
| Net income | 400,000 | 807,000 | 1,223,000 | 254,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,101,000 | 15,461,000 | 15,877,000 | 14,908,000 |
| Total capital | — | — | 17,323,000 | 16,430,000 |
| Risk-weighted assets | — | — | 161,596,000 | 164,465,000 |