Call reports 2013
OPEN BANK — 2013
What OPEN BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 220,409,000 | 246,050,000 | 296,185,000 | 342,277,000 |
| Total loans | 167,734,000 | 189,259,000 | 239,293,000 | 297,931,000 |
| Allowance for loan losses | 4,138,000 | 4,748,000 | 5,046,000 | 5,228,000 |
| Securities available for sale | 7,016,000 | 8,602,000 | 9,525,000 | 9,464,000 |
| Securities held to maturity | 0 | 2,999,000 | 2,999,000 | 2,999,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 189,521,000 | 214,807,000 | 263,223,000 | 309,303,000 |
| Interest-bearing deposits | 137,335,000 | 150,585,000 | 178,479,000 | 216,909,000 |
| Noninterest-bearing deposits | 52,186,000 | 64,222,000 | 84,744,000 | 92,394,000 |
| Equity capital | 29,517,000 | 30,118,000 | 31,215,000 | 31,190,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 2,317,000 | 4,734,000 | 7,702,000 | 11,267,000 |
| Interest expense | 235,000 | 494,000 | 783,000 | 1,118,000 |
| Net interest income | 2,082,000 | 4,240,000 | 6,919,000 | 10,149,000 |
| Noninterest income | 2,438,000 | 4,119,000 | 5,742,000 | 6,766,000 |
| Noninterest expense | 3,186,000 | 5,444,000 | 8,555,000 | 12,133,000 |
| Provision for loan losses | 500,000 | 1,150,000 | 1,376,000 | 1,376,000 |
| Pretax income | 837,000 | 1,768,000 | 2,733,000 | 3,409,000 |
| Income tax | -2,736,000 | -2,707,000 | -2,692,000 | -1,544,000 |
| Net income | 3,573,000 | 4,475,000 | 5,425,000 | 4,953,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,730,000 | 26,433,000 | 27,648,000 | 28,473,000 |
| Total capital | 28,017,000 | 28,989,000 | 30,856,000 | 32,107,000 |
| Risk-weighted assets | 181,103,000 | 202,454,000 | 254,804,000 | 289,115,000 |