Call reports 2022
OPEN BANK — 2022
What OPEN BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 1,863,759,000 | 1,934,090,000 | 2,029,433,000 | 2,094,205,000 |
| Total loans | 1,514,653,000 | 1,551,973,000 | 1,654,660,000 | 1,722,627,000 |
| Allowance for loan losses | 16,672,000 | 17,702,000 | 18,369,000 | 19,241,000 |
| Securities available for sale | 161,181,000 | 174,814,000 | 186,438,000 | 209,809,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,674,199,000 | 1,743,504,000 | 1,818,497,000 | 1,887,329,000 |
| Interest-bearing deposits | 822,727,000 | 916,097,000 | 1,018,703,000 | 1,180,213,000 |
| Noninterest-bearing deposits | 851,472,000 | 827,407,000 | 799,794,000 | 707,116,000 |
| Equity capital | 163,575,000 | 167,247,000 | 168,044,000 | 175,035,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 17,944,000 | 38,093,000 | 61,325,000 | 88,212,000 |
| Interest expense | 654,000 | 1,723,000 | 4,613,000 | 11,301,000 |
| Net interest income | 17,290,000 | 36,370,000 | 56,712,000 | 76,911,000 |
| Noninterest income | 4,389,000 | 9,867,000 | 14,835,000 | 18,050,000 |
| Noninterest expense | 9,463,000 | 20,723,000 | 32,785,000 | 43,952,000 |
| Provision for loan losses | 341,000 | 1,337,000 | 1,999,000 | 2,976,000 |
| Pretax income | 11,703,000 | 23,884,000 | 36,325,000 | 47,602,000 |
| Income tax | 3,410,000 | 6,941,000 | 10,537,000 | 13,617,000 |
| Net income | 8,293,000 | 16,943,000 | 25,788,000 | 33,985,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 170,437,000 | 177,851,000 | 185,293,000 | 192,476,000 |
| Total capital | 187,281,000 | 195,748,000 | 203,851,000 | 211,980,000 |
| Risk-weighted assets | 1,427,383,000 | 1,465,555,000 | 1,571,452,000 | 1,637,748,000 |