Call reports 2016
OPEN BANK — 2016
What OPEN BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 654,340,000 | 673,267,000 | 721,611,000 | 759,597,000 |
| Total loans | 534,526,000 | 586,600,000 | 629,402,000 | 675,873,000 |
| Allowance for loan losses | 6,621,000 | 7,078,000 | 7,615,000 | 7,910,000 |
| Securities available for sale | 42,495,000 | 40,052,000 | 38,038,000 | 35,463,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 555,259,000 | 581,736,000 | 626,878,000 | 661,784,000 |
| Interest-bearing deposits | 380,761,000 | 376,345,000 | 399,133,000 | 414,408,000 |
| Noninterest-bearing deposits | 174,498,000 | 205,391,000 | 227,745,000 | 247,376,000 |
| Equity capital | 74,179,000 | 76,474,000 | 78,736,000 | 81,223,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 7,032,000 | 14,681,000 | 22,935,000 | 31,701,000 |
| Interest expense | 812,000 | 1,651,000 | 2,484,000 | 3,371,000 |
| Net interest income | 6,220,000 | 13,030,000 | 20,451,000 | 28,330,000 |
| Noninterest income | 1,807,000 | 4,074,000 | 6,474,000 | 9,007,000 |
| Noninterest expense | 5,603,000 | 11,125,000 | 16,787,000 | 23,024,000 |
| Provision for loan losses | 230,000 | 682,000 | 1,359,000 | 1,682,000 |
| Pretax income | 2,194,000 | 5,297,000 | 8,779,000 | 12,631,000 |
| Income tax | 875,000 | 2,123,000 | 3,529,000 | 5,121,000 |
| Net income | 1,319,000 | 3,174,000 | 5,250,000 | 7,510,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 74,049,000 | 76,116,000 | 78,409,000 | 81,244,000 |
| Total capital | 80,693,000 | 83,257,000 | 86,096,000 | 89,226,000 |
| Risk-weighted assets | 531,517,000 | 584,595,000 | 617,610,000 | 666,324,000 |