Call reports 2024
FINWISE BANK — 2024
What FINWISE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 602,172,000 | 607,314,000 | 671,512,000 | 732,757,000 |
| Total loans | 444,681,000 | 478,182,000 | 514,728,000 | 552,575,000 |
| Allowance for loan losses | 12,633,000 | 13,127,000 | 12,661,000 | 13,177,000 |
| Securities available for sale | 0 | 0 | 30,472,000 | 29,930,000 |
| Securities held to maturity | 14,820,000 | 13,942,000 | 13,270,000 | 12,566,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 459,098,000 | 460,431,000 | 518,777,000 | 571,380,000 |
| Interest-bearing deposits | 317,020,000 | 322,112,000 | 345,938,000 | 418,253,000 |
| Noninterest-bearing deposits | 142,078,000 | 138,319,000 | 172,839,000 | 153,127,000 |
| Equity capital | 126,599,000 | 131,146,000 | 136,391,000 | 140,202,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 17,647,000 | 36,069,000 | 54,992,000 | 74,353,000 |
| Interest expense | 3,642,000 | 7,449,000 | 11,611,000 | 15,445,000 |
| Net interest income | 14,005,000 | 28,620,000 | 43,381,000 | 58,908,000 |
| Noninterest income | 5,573,000 | 10,457,000 | 16,459,000 | 22,159,000 |
| Noninterest expense | 10,279,000 | 21,391,000 | 33,448,000 | 45,686,000 |
| Provision for loan losses | 3,145,000 | 5,538,000 | 7,482,000 | 11,249,000 |
| Pretax income | 6,145,000 | 12,147,000 | 18,696,000 | 23,807,000 |
| Income tax | 1,602,000 | 3,057,000 | 4,702,000 | 5,847,000 |
| Net income | 4,543,000 | 9,090,000 | 13,994,000 | 17,960,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 120,872,000 | 125,904,000 | 131,294,000 | 135,374,000 |