Call reports 2019
OPEN BANK — 2019
What OPEN BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 1,077,117,000 | 1,127,458,000 | 1,151,623,000 | 1,179,378,000 |
| Total loans | 913,311,000 | 948,252,000 | 964,737,000 | 992,238,000 |
| Allowance for loan losses | 9,619,000 | 9,525,000 | 9,640,000 | 10,050,000 |
| Securities available for sale | 54,116,000 | 51,829,000 | 52,295,000 | 56,549,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 930,707,000 | 975,330,000 | 998,916,000 | 1,022,929,000 |
| Interest-bearing deposits | 656,919,000 | 699,696,000 | 699,161,000 | 726,430,000 |
| Noninterest-bearing deposits | 273,788,000 | 275,634,000 | 299,755,000 | 296,499,000 |
| Equity capital | 130,953,000 | 134,725,000 | 134,358,000 | 138,303,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 14,087,000 | 28,965,000 | 44,078,000 | 58,780,000 |
| Interest expense | 3,289,000 | 6,989,000 | 10,883,000 | 14,507,000 |
| Net interest income | 10,798,000 | 21,976,000 | 33,195,000 | 44,273,000 |
| Noninterest income | 3,551,000 | 6,112,000 | 8,822,000 | 11,353,000 |
| Noninterest expense | 8,086,000 | 16,359,000 | 23,933,000 | 31,509,000 |
| Provision for loan losses | 0 | 401,000 | 692,000 | 1,102,000 |
| Pretax income | 6,294,000 | 11,396,000 | 17,482,000 | 23,087,000 |
| Income tax | 1,529,000 | 2,768,000 | 4,257,000 | 5,607,000 |
| Net income | 4,765,000 | 8,628,000 | 13,225,000 | 17,480,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 130,723,000 | 134,131,000 | 133,687,000 | 137,703,000 |
| Total capital | 140,411,000 | 143,732,000 | 143,406,000 | 147,820,000 |
| Risk-weighted assets | 900,117,000 | 935,007,000 | 954,148,000 | 988,359,000 |