Call reports 2012
FINWISE BANK — 2012
What FINWISE BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 29,089,000 | 27,947,000 | 28,023,000 | 28,004,000 |
| Total loans | 18,580,000 | 18,113,000 | 19,893,000 | 20,267,000 |
| Allowance for loan losses | 506,000 | 502,000 | 431,000 | 430,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 1,101,000 | 1,108,000 | 1,107,000 | 1,106,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 24,647,000 | 23,604,000 | 23,835,000 | 23,762,000 |
| Interest-bearing deposits | 17,707,000 | 16,809,000 | 17,355,000 | 18,413,000 |
| Noninterest-bearing deposits | 6,940,000 | 6,795,000 | 6,480,000 | 5,349,000 |
| Equity capital | 4,426,000 | 4,330,000 | 4,176,000 | 4,230,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 290,000 | 594,000 | 924,000 | 1,279,000 |
| Interest expense | 45,000 | 82,000 | 117,000 | 152,000 |
| Net interest income | 245,000 | 512,000 | 807,000 | 1,127,000 |
| Noninterest income | 97,000 | 142,000 | 181,000 | 243,000 |
| Noninterest expense | 336,000 | 744,000 | 1,179,000 | 1,629,000 |
| Provision for loan losses | 35,000 | 35,000 | 88,000 | 88,000 |
| Pretax income | -29,000 | -125,000 | -279,000 | -347,000 |
| Income tax | 0 | 0 | 0 | -122,000 |
| Net income | -29,000 | -125,000 | -279,000 | -225,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,676,000 | 3,501,000 | 3,347,000 | 3,262,000 |
| Total capital | 3,927,000 | 3,745,000 | 3,600,000 | 3,524,000 |
| Risk-weighted assets | 19,811,000 | 19,249,000 | 20,097,000 | 20,758,000 |