Call reports 2021
FINWISE BANK — 2021
What FINWISE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 325,576,000 | 281,800,000 | 330,333,000 | 373,830,000 |
| Total loans | 245,167,000 | 233,853,000 | 251,091,000 | 268,704,000 |
| Allowance for loan losses | 6,184,000 | 7,239,000 | 9,640,000 | 9,855,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 1,670,000 | 1,534,000 | 4,414,000 | 11,422,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 195,282,000 | 202,876,000 | 257,523,000 | 294,457,000 |
| Interest-bearing deposits | 87,702,000 | 93,462,000 | 143,577,000 | 141,344,000 |
| Noninterest-bearing deposits | 107,580,000 | 109,414,000 | 113,946,000 | 153,113,000 |
| Equity capital | 46,015,000 | 53,000,000 | 61,474,000 | 71,186,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 8,822,000 | 19,972,000 | 33,745,000 | 49,322,000 |
| Interest expense | 372,000 | 704,000 | 985,000 | 1,264,000 |
| Net interest income | 8,450,000 | 19,268,000 | 32,760,000 | 48,058,000 |
| Noninterest income | 5,704,000 | 12,346,000 | 20,534,000 | 27,975,000 |
| Noninterest expense | 6,148,000 | 12,951,000 | 20,087,000 | 27,290,000 |
| Provision for loan losses | 633,000 | 2,169,000 | 5,536,000 | 8,039,000 |
| Pretax income | 7,373,000 | 16,494,000 | 27,671,000 | 40,704,000 |
| Income tax | 2,076,000 | 4,212,000 | 6,915,000 | 10,236,000 |
| Net income | 5,297,000 | 12,282,000 | 20,756,000 | 30,468,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 42,444,000 | 48,281,000 | 55,530,000 | 65,503,000 |