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Call reports 2008

OPUS BANK — 2008

What OPUS BANK reported to the FFIEC in 2008, quarter by quarter.

PERIOD: 2008SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/572c4630-4058-48de-a891-a9d641c30e03/2008

Balance sheet

What the bank holds and owes at quarter end

Measure2008Q12008Q22008Q32008Q4
Total assets350,719,000337,442,000340,335,000297,032,000
Total loans182,078,000189,687,000206,463,000165,675,000
Allowance for loan losses2,732,0002,878,0002,995,0002,567,000
Securities available for sale133,926,000123,985,000109,468,000105,508,000
Securities held to maturity382,000382,000331,000331,000
Trading assets0000
Total deposits276,174,000251,875,000256,736,000240,622,000
Interest-bearing deposits192,316,000171,993,000179,828,000168,789,000
Noninterest-bearing deposits83,858,00079,882,00076,908,00071,833,000
Equity capital20,028,00018,321,00011,591,00013,995,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2008Q12008Q22008Q32008Q4
Interest income5,286,00010,432,00015,497,00020,230,000
Interest expense1,651,0003,024,0004,415,0005,639,000
Net interest income3,635,0007,408,00011,082,00014,591,000
Noninterest income239,000450,000685,000906,000
Noninterest expense2,279,0004,506,0006,819,0009,102,000
Provision for loan losses123,000266,000390,00024,000
Pretax income1,472,0003,086,000-6,617,000-10,949,000
Income tax473,0001,091,000-1,036,000-4,718,000
Net income999,0001,995,000-5,581,000-6,231,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2008Q12008Q22008Q32008Q4
Tier 1 capital24,509,00025,220,00018,887,00012,198,000
Total capital27,248,00028,105,00021,889,00014,772,000
Risk-weighted assets239,861,000244,367,000257,126,000222,731,000

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