Call reports 2011
OPEN BANK — 2011
What OPEN BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 131,107,000 | 135,124,000 | 136,276,000 | 142,383,000 |
| Total loans | 112,430,000 | 103,215,000 | 109,653,000 | 111,519,000 |
| Allowance for loan losses | 4,539,000 | 4,158,000 | 4,583,000 | 4,939,000 |
| Securities available for sale | 6,879,000 | 4,994,000 | 8,039,000 | 10,023,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 113,178,000 | 114,198,000 | 115,131,000 | 121,281,000 |
| Interest-bearing deposits | 85,395,000 | 85,582,000 | 83,208,000 | 87,797,000 |
| Noninterest-bearing deposits | 27,784,000 | 28,616,000 | 31,923,000 | 33,484,000 |
| Equity capital | 17,235,000 | 18,892,000 | 19,257,000 | 19,418,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 1,650,000 | 3,318,000 | 4,940,000 | 6,632,000 |
| Interest expense | 325,000 | 636,000 | 931,000 | 1,204,000 |
| Net interest income | 1,325,000 | 2,682,000 | 4,009,000 | 5,428,000 |
| Noninterest income | 1,311,000 | 3,027,000 | 4,248,000 | 5,395,000 |
| Noninterest expense | 1,700,000 | 3,709,000 | 5,311,000 | 6,998,000 |
| Provision for loan losses | 582,000 | 780,000 | 1,462,000 | 2,162,000 |
| Pretax income | 357,000 | 1,236,000 | 1,509,000 | 1,689,000 |
| Income tax | 0 | 107,000 | 108,000 | 157,000 |
| Net income | 357,000 | 1,129,000 | 1,401,000 | 1,532,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,317,000 | 18,786,000 | 19,080,000 | 19,233,000 |
| Total capital | 18,711,000 | 20,117,000 | 20,488,000 | 20,744,000 |
| Risk-weighted assets | 108,383,000 | 103,641,000 | 109,479,000 | 117,406,000 |