Call reports 2013
FIRST OPTION BANK — 2013
What FIRST OPTION BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 235,739,000 | 235,808,000 | 231,803,000 | 253,254,000 |
| Total loans | 116,085,000 | 117,460,000 | 119,216,000 | 115,948,000 |
| Allowance for loan losses | 1,413,000 | 1,492,000 | 1,631,000 | 1,708,000 |
| Securities available for sale | 102,979,000 | 104,915,000 | 101,615,000 | 108,851,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 211,755,000 | 214,232,000 | 206,451,000 | 233,159,000 |
| Interest-bearing deposits | 172,511,000 | 175,970,000 | 168,727,000 | 193,241,000 |
| Noninterest-bearing deposits | 39,244,000 | 38,262,000 | 37,723,000 | 39,917,000 |
| Equity capital | 21,490,000 | 19,489,000 | 19,005,000 | 18,773,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 2,136,000 | 4,294,000 | 6,428,000 | 8,547,000 |
| Interest expense | 327,000 | 649,000 | 960,000 | 1,265,000 |
| Net interest income | 1,809,000 | 3,645,000 | 5,468,000 | 7,282,000 |
| Noninterest income | 710,000 | 1,482,000 | 2,278,000 | 3,045,000 |
| Noninterest expense | 1,642,000 | 3,237,000 | 4,827,000 | 6,594,000 |
| Provision for loan losses | 125,000 | 200,000 | 375,000 | 450,000 |
| Pretax income | 759,000 | 1,695,000 | 2,546,000 | 3,292,000 |
| Income tax | 31,000 | 70,000 | 105,000 | 137,000 |
| Net income | 728,000 | 1,625,000 | 2,441,000 | 3,155,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,777,000 | 19,431,000 | 20,000,000 | 20,407,000 |
| Total capital | 20,088,000 | 20,755,000 | 21,294,000 | 21,747,000 |
| Risk-weighted assets | 104,754,000 | 105,794,000 | 103,571,000 | 106,806,000 |