Call reports 2011
FIRST OPTION BANK — 2011
What FIRST OPTION BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 200,802,000 | 208,630,000 | 209,285,000 | 223,134,000 |
| Total loans | 111,177,000 | 111,020,000 | 111,055,000 | 112,351,000 |
| Allowance for loan losses | 1,197,000 | 1,232,000 | 1,272,000 | 1,251,000 |
| Securities available for sale | 72,668,000 | 84,326,000 | 83,957,000 | 86,594,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 181,944,000 | 184,835,000 | 183,532,000 | 200,624,000 |
| Interest-bearing deposits | 152,076,000 | 156,108,000 | 151,620,000 | 169,837,000 |
| Noninterest-bearing deposits | 29,867,000 | 28,726,000 | 31,912,000 | 30,787,000 |
| Equity capital | 15,875,000 | 17,703,000 | 18,895,000 | 20,058,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 2,230,000 | 4,516,000 | 6,825,000 | 9,115,000 |
| Interest expense | 443,000 | 876,000 | 1,289,000 | 1,638,000 |
| Net interest income | 1,787,000 | 3,640,000 | 5,536,000 | 7,477,000 |
| Noninterest income | 593,000 | 1,204,000 | 1,846,000 | 2,501,000 |
| Noninterest expense | 1,598,000 | 3,219,000 | 4,849,000 | 6,528,000 |
| Provision for loan losses | 37,000 | 75,000 | 112,000 | 150,000 |
| Pretax income | 745,000 | 1,550,000 | 2,461,000 | 3,520,000 |
| Income tax | 25,000 | 58,000 | 96,000 | 140,000 |
| Net income | 720,000 | 1,492,000 | 2,365,000 | 3,380,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,065,000 | 15,594,000 | 16,145,000 | 17,067,000 |
| Total capital | 16,262,000 | 16,826,000 | 17,387,000 | 18,318,000 |
| Risk-weighted assets | 97,779,000 | 98,193,000 | 98,579,000 | 101,046,000 |