Call reports 2019
FINWISE BANK — 2019
What FINWISE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 130,632,000 | 135,898,000 | 161,651,000 | 170,891,000 |
| Total loans | 99,343,000 | 107,487,000 | 122,193,000 | 133,516,000 |
| Allowance for loan losses | 2,134,000 | 3,007,000 | 3,568,000 | 4,531,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 540,000 | 510,000 | 487,000 | 453,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 107,527,000 | 109,385,000 | 131,580,000 | 138,424,000 |
| Interest-bearing deposits | 60,634,000 | 71,882,000 | 84,016,000 | 88,726,000 |
| Noninterest-bearing deposits | 46,893,000 | 37,503,000 | 47,564,000 | 49,698,000 |
| Equity capital | 21,180,000 | 23,631,000 | 27,020,000 | 29,316,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 3,642,000 | 8,478,000 | 14,484,000 | 21,489,000 |
| Interest expense | 296,000 | 621,000 | 1,023,000 | 1,462,000 |
| Net interest income | 3,346,000 | 7,857,000 | 13,461,000 | 20,027,000 |
| Noninterest income | 2,767,000 | 6,354,000 | 10,200,000 | 13,650,000 |
| Noninterest expense | 2,795,000 | 6,154,000 | 9,827,000 | 14,803,000 |
| Provision for loan losses | 553,000 | 2,011,000 | 3,279,000 | 5,288,000 |
| Pretax income | 2,765,000 | 6,046,000 | 10,555,000 | 13,586,000 |
| Income tax | 684,000 | 1,514,000 | 2,634,000 | 3,369,000 |
| Net income | 2,081,000 | 4,532,000 | 7,921,000 | 10,217,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,390,000 | 21,559,000 | 24,855,000 | 27,142,000 |
| Total capital | 20,684,000 | 22,978,000 | 26,472,000 | 28,937,000 |
| Risk-weighted assets | 102,739,000 | 112,010,000 | 127,464,000 | 140,873,000 |