Call reports 2001
FIRST OPTION BANK — 2001
What FIRST OPTION BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 89,024,000 | 87,895,000 | 88,059,000 | 93,833,000 |
| Total loans | 58,798,000 | 61,005,000 | 61,046,000 | 66,818,000 |
| Allowance for loan losses | 723,000 | 749,000 | 757,000 | 774,000 |
| Securities available for sale | 21,016,000 | 20,059,000 | 20,926,000 | 20,252,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 81,343,000 | 80,038,000 | 79,596,000 | 80,252,000 |
| Interest-bearing deposits | 75,311,000 | 73,851,000 | 73,026,000 | 73,888,000 |
| Noninterest-bearing deposits | 6,032,000 | 6,187,000 | 6,570,000 | 6,364,000 |
| Equity capital | 6,807,000 | 6,837,000 | 7,071,000 | 7,072,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 1,695,000 | 3,373,000 | 4,957,000 | 6,571,000 |
| Interest expense | 914,000 | 1,786,000 | 2,562,000 | 3,205,000 |
| Net interest income | 781,000 | 1,587,000 | 2,395,000 | 3,366,000 |
| Noninterest income | 228,000 | 515,000 | 822,000 | 1,165,000 |
| Noninterest expense | 823,000 | 1,662,000 | 2,550,000 | 3,482,000 |
| Provision for loan losses | 18,000 | 36,000 | 54,000 | 86,000 |
| Pretax income | 183,000 | 419,000 | 633,000 | 983,000 |
| Income tax | -6,000 | 4,000 | 14,000 | 27,000 |
| Net income | 189,000 | 415,000 | 619,000 | 956,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,588,000 | 6,683,000 | 6,761,000 | 6,921,000 |
| Total capital | 7,283,000 | 7,393,000 | 7,475,000 | 7,687,000 |
| Risk-weighted assets | 55,542,000 | 56,733,000 | 57,063,000 | 61,246,000 |