Call reports 2013
FINWISE BANK — 2013
What FINWISE BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 28,860,000 | 28,150,000 | 30,227,000 | 28,484,000 |
| Total loans | 21,936,000 | 22,938,000 | 22,741,000 | 21,833,000 |
| Allowance for loan losses | 419,000 | 420,000 | 421,000 | 423,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 1,105,000 | 1,103,000 | 1,103,000 | 1,101,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 24,406,000 | 23,707,000 | 25,752,000 | 23,976,000 |
| Interest-bearing deposits | 18,611,000 | 18,010,000 | 19,440,000 | 17,603,000 |
| Noninterest-bearing deposits | 5,795,000 | 5,697,000 | 6,312,000 | 6,373,000 |
| Equity capital | 4,408,000 | 4,421,000 | 4,462,000 | 4,496,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 359,000 | 754,000 | 1,150,000 | 1,541,000 |
| Interest expense | 34,000 | 66,000 | 100,000 | 132,000 |
| Net interest income | 325,000 | 688,000 | 1,050,000 | 1,409,000 |
| Noninterest income | 53,000 | 82,000 | 116,000 | 150,000 |
| Noninterest expense | 344,000 | 704,000 | 1,041,000 | 1,390,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 34,000 | 66,000 | 125,000 | 169,000 |
| Income tax | 6,000 | 25,000 | 43,000 | 53,000 |
| Net income | 28,000 | 41,000 | 82,000 | 116,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,489,000 | 3,550,000 | 3,632,000 | 3,621,000 |
| Total capital | 3,764,000 | 3,831,000 | 3,910,000 | 3,888,000 |
| Risk-weighted assets | 21,843,000 | 22,354,000 | 22,074,000 | 21,201,000 |