Call reports 2009
FIRST OPTION BANK — 2009
What FIRST OPTION BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 168,311,000 | 169,916,000 | 167,729,000 | 191,308,000 |
| Total loans | 109,008,000 | 109,418,000 | 110,885,000 | 110,161,000 |
| Allowance for loan losses | 956,000 | 1,046,000 | 1,124,000 | 1,197,000 |
| Securities available for sale | 42,982,000 | 46,636,000 | 46,270,000 | 47,958,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 150,887,000 | 152,136,000 | 147,499,000 | 172,103,000 |
| Interest-bearing deposits | 125,056,000 | 128,209,000 | 122,446,000 | 144,872,000 |
| Noninterest-bearing deposits | 25,831,000 | 23,927,000 | 25,054,000 | 27,231,000 |
| Equity capital | 12,455,000 | 13,410,000 | 14,224,000 | 14,542,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 2,244,000 | 4,570,000 | 6,856,000 | 9,109,000 |
| Interest expense | 643,000 | 1,297,000 | 1,874,000 | 2,405,000 |
| Net interest income | 1,601,000 | 3,273,000 | 4,982,000 | 6,704,000 |
| Noninterest income | 406,000 | 1,006,000 | 1,681,000 | 2,223,000 |
| Noninterest expense | 1,424,000 | 2,891,000 | 4,549,000 | 6,258,000 |
| Provision for loan losses | 75,000 | 150,000 | 225,000 | 300,000 |
| Pretax income | 517,000 | 1,247,000 | 1,898,000 | 2,378,000 |
| Income tax | 21,000 | 53,000 | 69,000 | 176,000 |
| Net income | 496,000 | 1,194,000 | 1,829,000 | 2,202,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,256,000 | 12,742,000 | 13,033,000 | 13,169,000 |
| Total capital | 13,212,000 | 13,788,000 | 14,157,000 | 14,366,000 |
| Risk-weighted assets | 92,943,000 | 95,131,000 | 95,029,000 | 99,970,000 |