Call reports 2006
FIRST OPTION BANK — 2006
What FIRST OPTION BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 129,353,000 | 131,351,000 | 131,478,000 | 135,791,000 |
| Total loans | 96,986,000 | 99,365,000 | 100,255,000 | 99,773,000 |
| Allowance for loan losses | 844,000 | 860,000 | 820,000 | 825,000 |
| Securities available for sale | 23,362,000 | 23,599,000 | 23,386,000 | 26,426,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 115,844,000 | 116,577,000 | 113,201,000 | 121,758,000 |
| Interest-bearing deposits | 101,747,000 | 103,098,000 | 99,935,000 | 107,314,000 |
| Noninterest-bearing deposits | 14,098,000 | 13,479,000 | 13,266,000 | 14,444,000 |
| Equity capital | 9,690,000 | 9,644,000 | 10,368,000 | 10,356,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 1,997,000 | 4,063,000 | 6,191,000 | 8,376,000 |
| Interest expense | 734,000 | 1,534,000 | 2,406,000 | 3,319,000 |
| Net interest income | 1,263,000 | 2,529,000 | 3,785,000 | 5,057,000 |
| Noninterest income | 366,000 | 711,000 | 1,190,000 | 1,602,000 |
| Noninterest expense | 1,141,000 | 2,294,000 | 3,493,000 | 4,763,000 |
| Provision for loan losses | 0 | 15,000 | 30,000 | 45,000 |
| Pretax income | 488,000 | 931,000 | 1,457,000 | 1,856,000 |
| Income tax | 20,000 | 39,000 | 61,000 | 71,000 |
| Net income | 468,000 | 892,000 | 1,396,000 | 1,785,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,877,000 | 10,134,000 | 10,442,000 | 10,423,000 |
| Total capital | 10,721,000 | 10,994,000 | 11,262,000 | 11,248,000 |
| Risk-weighted assets | 82,655,000 | 89,035,000 | 89,373,000 | 83,366,000 |