Call reports 2017
OPEN BANK — 2017
What OPEN BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 800,095,000 | 835,325,000 | 879,042,000 | 900,967,000 |
| Total loans | 682,862,000 | 705,962,000 | 748,951,000 | 763,763,000 |
| Allowance for loan losses | 8,380,000 | 8,556,000 | 8,909,000 | 9,140,000 |
| Securities available for sale | 33,750,000 | 32,557,000 | 43,578,000 | 41,471,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 711,047,000 | 732,939,000 | 754,533,000 | 773,306,000 |
| Interest-bearing deposits | 454,196,000 | 446,040,000 | 465,379,000 | 483,896,000 |
| Noninterest-bearing deposits | 256,851,000 | 286,899,000 | 289,154,000 | 289,410,000 |
| Equity capital | 83,717,000 | 86,670,000 | 89,429,000 | 91,415,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 9,185,000 | 18,786,000 | 29,205,000 | 40,283,000 |
| Interest expense | 978,000 | 1,986,000 | 3,197,000 | 4,573,000 |
| Net interest income | 8,207,000 | 16,800,000 | 26,008,000 | 35,710,000 |
| Noninterest income | 2,244,000 | 4,453,000 | 6,708,000 | 8,986,000 |
| Noninterest expense | 6,381,000 | 12,922,000 | 19,659,000 | 26,219,000 |
| Provision for loan losses | 541,000 | 711,000 | 989,000 | 1,311,000 |
| Pretax income | 3,529,000 | 7,620,000 | 12,068,000 | 17,166,000 |
| Income tax | 1,379,000 | 3,000,000 | 4,716,000 | 7,908,000 |
| Net income | 2,150,000 | 4,620,000 | 7,352,000 | 9,258,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 83,669,000 | 86,473,000 | 89,262,000 | 91,445,000 |
| Total capital | 92,100,000 | 95,101,000 | 98,243,000 | 100,648,000 |
| Risk-weighted assets | 674,426,000 | 699,799,000 | 734,874,000 | 746,581,000 |