Call reports 2002
OPUS BANK — 2002
What OPUS BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 175,472,000 | 180,102,000 | 181,414,000 | 194,907,000 |
| Total loans | 92,647,000 | 92,298,000 | 96,665,000 | 99,492,000 |
| Allowance for loan losses | 976,000 | 1,062,000 | 1,168,000 | 1,496,000 |
| Securities available for sale | 67,215,000 | 70,480,000 | 73,320,000 | 80,318,000 |
| Securities held to maturity | 1,616,000 | 1,616,000 | 1,615,000 | 1,615,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 154,654,000 | 162,602,000 | 162,768,000 | 175,851,000 |
| Interest-bearing deposits | 111,536,000 | 115,705,000 | 115,216,000 | 121,938,000 |
| Noninterest-bearing deposits | 43,118,000 | 46,897,000 | 47,552,000 | 53,913,000 |
| Equity capital | 11,791,000 | 12,097,000 | 12,644,000 | 13,033,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 2,748,000 | 5,604,000 | 8,464,000 | 11,324,000 |
| Interest expense | 777,000 | 1,546,000 | 2,290,000 | 2,945,000 |
| Net interest income | 1,971,000 | 4,058,000 | 6,174,000 | 8,379,000 |
| Noninterest income | 220,000 | 427,000 | 615,000 | 820,000 |
| Noninterest expense | 1,232,000 | 2,510,000 | 3,745,000 | 5,148,000 |
| Provision for loan losses | 45,000 | 130,000 | 275,000 | 545,000 |
| Pretax income | 914,000 | 1,845,000 | 2,769,000 | 3,651,000 |
| Income tax | 377,000 | 761,000 | 1,142,000 | 1,514,000 |
| Net income | 537,000 | 1,084,000 | 1,627,000 | 2,137,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,561,000 | 10,958,000 | 11,500,000 | 11,489,000 |
| Total capital | 11,544,000 | 12,027,000 | 12,675,000 | 12,828,000 |
| Risk-weighted assets | 96,581,000 | 97,496,000 | 100,867,000 | 106,929,000 |