Call reports 2015
FINWISE BANK — 2015
What FINWISE BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 28,823,000 | 31,552,000 | 34,212,000 | 37,476,000 |
| Total loans | 23,737,000 | 23,731,000 | 27,466,000 | 30,393,000 |
| Allowance for loan losses | 464,000 | 430,000 | 465,000 | 581,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 1,100,000 | 500,000 | 500,000 | 500,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 23,896,000 | 26,530,000 | 29,010,000 | 32,182,000 |
| Interest-bearing deposits | 17,968,000 | 20,059,000 | 22,430,000 | 24,930,000 |
| Noninterest-bearing deposits | 5,928,000 | 6,471,000 | 6,580,000 | 7,252,000 |
| Equity capital | 4,903,000 | 4,977,000 | 5,090,000 | 5,253,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 413,000 | 883,000 | 1,359,000 | 1,928,000 |
| Interest expense | 31,000 | 67,000 | 105,000 | 153,000 |
| Net interest income | 382,000 | 816,000 | 1,254,000 | 1,775,000 |
| Noninterest income | 250,000 | 393,000 | 707,000 | 1,193,000 |
| Noninterest expense | 405,000 | 841,000 | 1,307,000 | 1,948,000 |
| Provision for loan losses | 50,000 | 75,000 | 188,000 | 303,000 |
| Pretax income | 177,000 | 293,000 | 466,000 | 717,000 |
| Income tax | 60,000 | 102,000 | 162,000 | 250,000 |
| Net income | 117,000 | 191,000 | 304,000 | 467,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,581,000 | 4,213,000 | 4,386,000 | 4,638,000 |
| Total capital | 4,873,000 | 4,514,000 | 4,720,000 | 5,016,000 |
| Risk-weighted assets | 23,189,000 | 23,509,000 | 26,158,000 | 29,700,000 |