Call reports 2009
OPEN BANK — 2009
What OPEN BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 132,241,000 | 139,163,000 | 126,569,000 | 120,161,000 |
| Total loans | 107,712,000 | 106,710,000 | 100,511,000 | 97,978,000 |
| Allowance for loan losses | 2,948,000 | 3,088,000 | 3,207,000 | 5,204,000 |
| Securities available for sale | 10,453,000 | 17,181,000 | 17,399,000 | 14,343,000 |
| Securities held to maturity | 5,966,000 | 494,000 | 495,000 | 495,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 114,356,000 | 123,871,000 | 111,735,000 | 109,390,000 |
| Interest-bearing deposits | 102,565,000 | 109,610,000 | 99,393,000 | 99,052,000 |
| Noninterest-bearing deposits | 11,791,000 | 14,261,000 | 12,342,000 | 10,338,000 |
| Equity capital | 14,810,000 | 14,318,000 | 13,921,000 | 9,938,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 1,800,000 | 3,635,000 | 5,373,000 | 7,004,000 |
| Interest expense | 900,000 | 1,774,000 | 2,540,000 | 3,220,000 |
| Net interest income | 900,000 | 1,861,000 | 2,833,000 | 3,784,000 |
| Noninterest income | 112,000 | 259,000 | 426,000 | 577,000 |
| Noninterest expense | 1,188,000 | 2,551,000 | 3,642,000 | 5,374,000 |
| Provision for loan losses | 353,000 | 501,000 | 1,073,000 | 4,453,000 |
| Pretax income | -527,000 | -904,000 | -1,428,000 | -5,438,000 |
| Income tax | 0 | 0 | 0 | 1,000 |
| Net income | -527,000 | -904,000 | -1,428,000 | -5,439,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,811,000 | 14,409,000 | 13,886,000 | 9,897,000 |
| Total capital | 16,245,000 | 15,851,000 | 15,229,000 | 11,202,000 |
| Risk-weighted assets | 113,354,000 | 113,592,000 | 105,576,000 | 100,468,000 |