Call reports 2011
FINWISE BANK — 2011
What FINWISE BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 33,070,000 | 30,074,000 | 28,939,000 | 29,134,000 |
| Total loans | 20,480,000 | 17,505,000 | 17,113,000 | 17,988,000 |
| Allowance for loan losses | 662,000 | 420,000 | 449,000 | 456,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 1,105,000 | 1,104,000 | 1,103,000 | 1,102,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 28,061,000 | 25,062,000 | 24,227,000 | 24,661,000 |
| Interest-bearing deposits | 20,948,000 | 18,009,000 | 15,769,000 | 18,101,000 |
| Noninterest-bearing deposits | 7,113,000 | 7,053,000 | 8,458,000 | 6,560,000 |
| Equity capital | 4,983,000 | 4,993,000 | 4,692,000 | 4,455,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 340,000 | 653,000 | 948,000 | 1,246,000 |
| Interest expense | 67,000 | 124,000 | 177,000 | 227,000 |
| Net interest income | 273,000 | 529,000 | 771,000 | 1,019,000 |
| Noninterest income | 34,000 | 53,000 | 114,000 | -85,000 |
| Noninterest expense | 296,000 | 721,000 | 1,158,000 | 1,857,000 |
| Provision for loan losses | 0 | 0 | 167,000 | 248,000 |
| Pretax income | 11,000 | -139,000 | -440,000 | -1,171,000 |
| Income tax | 0 | 0 | 0 | -494,000 |
| Net income | 11,000 | -139,000 | -440,000 | -677,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,983,000 | 4,993,000 | 4,692,000 | 3,705,000 |
| Total capital | 5,237,000 | 5,218,000 | 4,912,000 | 3,934,000 |
| Risk-weighted assets | 19,880,000 | 17,841,000 | 17,331,000 | 18,096,000 |