Call reports 2010
OPEN BANK — 2010
What OPEN BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 126,984,000 | 124,762,000 | 122,598,000 | 125,494,000 |
| Total loans | 97,521,000 | 92,811,000 | 95,298,000 | 108,483,000 |
| Allowance for loan losses | 4,669,000 | 3,940,000 | 4,078,000 | 4,121,000 |
| Securities available for sale | 9,891,000 | 10,103,000 | 6,828,000 | 7,868,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 116,471,000 | 112,863,000 | 108,720,000 | 103,597,000 |
| Interest-bearing deposits | 104,106,000 | 99,749,000 | 96,694,000 | 84,478,000 |
| Noninterest-bearing deposits | 12,365,000 | 13,114,000 | 12,026,000 | 19,120,000 |
| Equity capital | 9,866,000 | 11,297,000 | 12,867,000 | 13,374,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,604,000 | 3,031,000 | 4,516,000 | 6,005,000 |
| Interest expense | 512,000 | 975,000 | 1,400,000 | 1,788,000 |
| Net interest income | 1,092,000 | 2,056,000 | 3,116,000 | 4,217,000 |
| Noninterest income | 152,000 | 312,000 | 763,000 | 1,241,000 |
| Noninterest expense | 1,148,000 | 2,368,000 | 4,089,000 | 5,441,000 |
| Provision for loan losses | 201,000 | 2,226,000 | 2,462,000 | 3,306,000 |
| Pretax income | -99,000 | -2,214,000 | -2,649,000 | -3,266,000 |
| Income tax | 0 | 1,000 | 1,000 | 1,000 |
| Net income | -99,000 | -2,215,000 | -2,650,000 | -3,267,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,799,000 | 11,193,000 | 12,781,000 | 13,446,000 |
| Total capital | 11,117,000 | 12,444,000 | 14,025,000 | 14,708,000 |
| Risk-weighted assets | 102,102,000 | 97,396,000 | 96,708,000 | 98,096,000 |