Call reports 2023
OPEN BANK — 2023
What OPEN BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 2,170,441,000 | 2,151,495,000 | 2,142,459,000 | 2,147,667,000 |
| Total loans | 1,700,018,000 | 1,716,197,000 | 1,759,525,000 | 1,767,640,000 |
| Allowance for loan losses | 20,814,000 | 20,802,000 | 21,617,000 | 21,993,000 |
| Securities available for sale | 212,767,000 | 202,250,000 | 191,313,000 | 194,249,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,908,666,000 | 1,861,501,000 | 1,826,854,000 | 1,809,210,000 |
| Interest-bearing deposits | 1,258,680,000 | 1,221,406,000 | 1,217,698,000 | 1,284,061,000 |
| Noninterest-bearing deposits | 649,986,000 | 640,095,000 | 609,156,000 | 525,149,000 |
| Equity capital | 179,538,000 | 181,712,000 | 182,419,000 | 190,855,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 28,594,000 | 58,696,000 | 89,882,000 | 121,665,000 |
| Interest expense | 10,701,000 | 23,552,000 | 37,425,000 | 52,978,000 |
| Net interest income | 17,893,000 | 35,144,000 | 52,457,000 | 68,687,000 |
| Noninterest income | 4,241,000 | 7,901,000 | 10,607,000 | 14,133,000 |
| Noninterest expense | 11,671,000 | 23,720,000 | 35,015,000 | 46,777,000 |
| Provision for loan losses | -258,000 | -258,000 | 1,045,000 | 1,582,000 |
| Pretax income | 10,855,000 | 19,663,000 | 26,922,000 | 34,440,000 |
| Income tax | 3,154,000 | 5,694,000 | 7,663,000 | 9,825,000 |
| Net income | 7,701,000 | 13,969,000 | 19,259,000 | 24,615,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 195,898,000 | 200,530,000 | 204,461,000 | 206,936,000 |
| Total capital | 215,964,000 | 220,584,000 | 225,386,000 | 227,773,000 |
| Risk-weighted assets | 1,659,434,000 | 1,700,001,000 | 1,707,105,000 | 1,666,908,000 |