Call reports 2010
FINWISE BANK — 2010
What FINWISE BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 36,924,000 | 33,896,000 | 32,934,000 | 32,350,000 |
| Total loans | 27,805,000 | 26,126,000 | 24,974,000 | 22,889,000 |
| Allowance for loan losses | 531,000 | 365,000 | 504,000 | 885,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 1,107,000 | 1,106,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 30,652,000 | 27,567,000 | 26,999,000 | 27,353,000 |
| Interest-bearing deposits | 25,500,000 | 22,029,000 | 21,698,000 | 20,769,000 |
| Noninterest-bearing deposits | 5,152,000 | 5,538,000 | 5,301,000 | 6,584,000 |
| Equity capital | 5,952,000 | 6,021,000 | 5,629,000 | 4,972,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 456,000 | 886,000 | 1,273,000 | 1,647,000 |
| Interest expense | 113,000 | 202,000 | 277,000 | 347,000 |
| Net interest income | 343,000 | 684,000 | 996,000 | 1,300,000 |
| Noninterest income | 60,000 | 140,000 | 148,000 | 59,000 |
| Noninterest expense | 325,000 | 677,000 | 1,056,000 | 1,917,000 |
| Provision for loan losses | 112,000 | 112,000 | 632,000 | 1,052,000 |
| Pretax income | -34,000 | 35,000 | -544,000 | -1,610,000 |
| Income tax | -16,000 | -16,000 | -203,000 | -612,000 |
| Net income | -18,000 | 51,000 | -341,000 | -998,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,952,000 | 6,021,000 | 5,629,000 | 4,972,000 |
| Total capital | 6,319,000 | 6,362,000 | 5,957,000 | 5,251,000 |
| Risk-weighted assets | 29,232,000 | 27,238,000 | 26,095,000 | 21,712,000 |