Call reports 2020
OPEN BANK — 2020
What OPEN BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 1,209,204,000 | 1,287,750,000 | 1,339,959,000 | 1,366,793,000 |
| Total loans | 1,000,941,000 | 1,052,301,000 | 1,114,221,000 | 1,126,396,000 |
| Allowance for loan losses | 10,748,000 | 12,764,000 | 14,164,000 | 15,995,000 |
| Securities available for sale | 52,179,000 | 75,402,000 | 93,482,000 | 91,791,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,053,839,000 | 1,122,037,000 | 1,174,500,000 | 1,203,559,000 |
| Interest-bearing deposits | 747,352,000 | 692,304,000 | 681,348,000 | 677,336,000 |
| Noninterest-bearing deposits | 306,487,000 | 429,733,000 | 493,152,000 | 526,223,000 |
| Equity capital | 136,155,000 | 137,749,000 | 137,351,000 | 140,311,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 14,345,000 | 27,265,000 | 40,281,000 | 53,655,000 |
| Interest expense | 3,229,000 | 5,501,000 | 7,098,000 | 8,292,000 |
| Net interest income | 11,116,000 | 21,764,000 | 33,183,000 | 45,363,000 |
| Noninterest income | 2,238,000 | 4,269,000 | 7,290,000 | 10,693,000 |
| Noninterest expense | 7,543,000 | 14,784,000 | 22,611,000 | 30,894,000 |
| Provision for loan losses | 743,000 | 2,731,000 | 4,130,000 | 5,961,000 |
| Pretax income | 5,126,000 | 8,607,000 | 13,821,000 | 19,280,000 |
| Income tax | 1,359,000 | 2,359,000 | 3,865,000 | 5,381,000 |
| Net income | 3,767,000 | 6,248,000 | 9,956,000 | 13,899,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 134,649,000 | 136,430,000 | 135,995,000 | 139,092,000 |
| Total capital | 145,465,000 | 148,802,000 | 148,830,000 | 152,232,000 |
| Risk-weighted assets | 997,273,000 | 989,331,000 | 1,025,382,000 | 1,048,242,000 |