Call reports 2018
OPEN BANK — 2018
What OPEN BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 956,775,000 | 979,346,000 | 1,034,937,000 | 1,044,131,000 |
| Total loans | 812,322,000 | 834,758,000 | 853,272,000 | 875,811,000 |
| Allowance for loan losses | 9,716,000 | 9,723,000 | 9,551,000 | 9,636,000 |
| Securities available for sale | 39,397,000 | 45,006,000 | 46,324,000 | 55,336,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 818,280,000 | 823,373,000 | 896,890,000 | 905,176,000 |
| Interest-bearing deposits | 529,268,000 | 553,229,000 | 610,543,000 | 620,044,000 |
| Noninterest-bearing deposits | 289,012,000 | 270,144,000 | 286,347,000 | 285,132,000 |
| Equity capital | 117,193,000 | 121,299,000 | 124,884,000 | 129,732,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 11,181,000 | 23,242,000 | 36,249,000 | 50,067,000 |
| Interest expense | 1,621,000 | 3,696,000 | 6,217,000 | 9,110,000 |
| Net interest income | 9,560,000 | 19,546,000 | 30,032,000 | 40,957,000 |
| Noninterest income | 2,212,000 | 5,087,000 | 7,390,000 | 9,416,000 |
| Noninterest expense | 6,804,000 | 14,257,000 | 21,891,000 | 29,428,000 |
| Provision for loan losses | 575,000 | 609,000 | 1,047,000 | 1,267,000 |
| Pretax income | 4,393,000 | 9,675,000 | 14,373,000 | 19,591,000 |
| Income tax | 1,172,000 | 2,646,000 | 3,812,000 | 5,244,000 |
| Net income | 3,221,000 | 7,029,000 | 10,561,000 | 14,347,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 117,614,000 | 121,753,000 | 125,495,000 | 129,839,000 |
| Total capital | 127,394,000 | 131,540,000 | 135,109,000 | 139,539,000 |
| Risk-weighted assets | 788,139,000 | 817,823,000 | 836,622,000 | 858,572,000 |