Call reports 2023
FINWISE BANK — 2023
What FINWISE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 437,188,000 | 488,414,000 | 549,640,000 | 582,263,000 |
| Total loans | 297,668,000 | 332,344,000 | 382,895,000 | 418,956,000 |
| Allowance for loan losses | 12,034,000 | 12,321,000 | 12,986,000 | 12,888,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 13,880,000 | 14,403,000 | 15,840,000 | 15,388,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 321,867,000 | 365,356,000 | 417,436,000 | 440,433,000 |
| Interest-bearing deposits | 203,014,000 | 239,183,000 | 292,485,000 | 309,348,000 |
| Noninterest-bearing deposits | 118,853,000 | 126,173,000 | 124,951,000 | 131,085,000 |
| Equity capital | 105,181,000 | 110,915,000 | 117,054,000 | 122,056,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 13,408,000 | 29,293,000 | 46,512,000 | 64,564,000 |
| Interest expense | 1,296,000 | 3,491,000 | 6,294,000 | 9,980,000 |
| Net interest income | 12,112,000 | 25,802,000 | 40,218,000 | 54,584,000 |
| Noninterest income | 4,859,000 | 10,351,000 | 15,576,000 | 21,345,000 |
| Noninterest expense | 7,409,000 | 16,164,000 | 24,457,000 | 34,372,000 |
| Provision for loan losses | 2,667,000 | 5,344,000 | 8,254,000 | 11,526,000 |
| Pretax income | 6,892,000 | 14,630,000 | 22,908,000 | 29,919,000 |
| Income tax | 1,774,000 | 3,779,000 | 5,918,000 | 7,927,000 |
| Net income | 5,118,000 | 10,851,000 | 16,990,000 | 21,992,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 96,738,000 | 103,813,000 | 110,923,000 | 116,108,000 |