Call reports 2022
COVINGTON COUNTY BANK — 2022
What COVINGTON COUNTY 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 | 85,799,000 | 86,986,000 | 82,590,000 | 85,526,000 |
| Total loans | 44,378,000 | 47,984,000 | 51,713,000 | 55,726,000 |
| Allowance for loan losses | 422,000 | 406,000 | 407,000 | 477,000 |
| Securities available for sale | 31,055,000 | 19,436,000 | 18,895,000 | 18,320,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 77,684,000 | 79,116,000 | 75,023,000 | 78,000,000 |
| Interest-bearing deposits | 42,938,000 | 43,116,000 | 41,510,000 | 43,442,000 |
| Noninterest-bearing deposits | 34,746,000 | 36,000,000 | 33,513,000 | 34,558,000 |
| Equity capital | 7,512,000 | 7,129,000 | 6,717,000 | 6,943,000 |
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 | 631,000 | 1,310,000 | 2,085,000 | 2,954,000 |
| Interest expense | 87,000 | 170,000 | 248,000 | 355,000 |
| Net interest income | 544,000 | 1,140,000 | 1,837,000 | 2,599,000 |
| Noninterest income | 216,000 | 584,000 | 820,000 | 1,354,000 |
| Noninterest expense | 612,000 | 1,295,000 | 1,930,000 | 2,751,000 |
| Provision for loan losses | 0 | 0 | 0 | 75,000 |
| Pretax income | 148,000 | 429,000 | 728,000 | 1,128,000 |
| Income tax | 42,000 | 115,000 | 191,000 | 302,000 |
| Net income | 106,000 | 314,000 | 537,000 | 826,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,744,000 | 8,953,000 | 9,173,000 | 9,125,000 |
| Total capital | 9,166,000 | 9,359,000 | 9,580,000 | 9,602,000 |
| Risk-weighted assets | 50,224,000 | 55,631,000 | 55,574,000 | 62,236,000 |