Call reports 2009
FINWISE BANK — 2009
What FINWISE BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 53,656,000 | 49,671,000 | 49,662,000 | 38,831,000 |
| Total loans | 36,298,000 | 32,442,000 | 29,922,000 | 28,363,000 |
| Allowance for loan losses | 1,062,000 | 342,000 | 567,000 | 623,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,369,000 | 42,484,000 | 42,773,000 | 32,543,000 |
| Interest-bearing deposits | 42,594,000 | 37,589,000 | 34,538,000 | 29,201,000 |
| Noninterest-bearing deposits | 2,775,000 | 4,895,000 | 8,235,000 | 3,342,000 |
| Equity capital | 8,234,000 | 7,136,000 | 6,840,000 | 5,970,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 451,000 | 684,000 | 1,161,000 | 1,645,000 |
| Interest expense | 296,000 | 545,000 | 747,000 | 885,000 |
| Net interest income | 155,000 | 139,000 | 414,000 | 760,000 |
| Noninterest income | 54,000 | -951,000 | -964,000 | -1,147,000 |
| Noninterest expense | 370,000 | 740,000 | 1,149,000 | 1,546,000 |
| Provision for loan losses | 1,013,000 | 2,021,000 | 2,273,000 | 3,205,000 |
| Pretax income | -1,174,000 | -3,573,000 | -3,972,000 | -5,138,000 |
| Income tax | 0 | -1,301,000 | -1,404,000 | -1,700,000 |
| Net income | -1,174,000 | -2,272,000 | -2,568,000 | -3,438,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,234,000 | 7,136,000 | 6,840,000 | 5,970,000 |
| Total capital | 8,742,000 | 7,478,000 | 7,243,000 | 6,359,000 |
| Risk-weighted assets | 40,049,000 | 35,669,000 | 32,112,000 | 30,887,000 |