Call reports 2015
FIRST OPTION BANK — 2015
What FIRST OPTION BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 281,315,000 | 276,941,000 | 276,482,000 | 300,373,000 |
| Total loans | 115,236,000 | 119,012,000 | 118,659,000 | 120,687,000 |
| Allowance for loan losses | 1,599,000 | 1,729,000 | 1,683,000 | 1,708,000 |
| Securities available for sale | 149,156,000 | 146,468,000 | 145,208,000 | 149,868,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 255,489,000 | 251,998,000 | 238,300,000 | 273,670,000 |
| Interest-bearing deposits | 203,393,000 | 201,536,000 | 185,095,000 | 219,256,000 |
| Noninterest-bearing deposits | 52,095,000 | 50,462,000 | 53,206,000 | 54,414,000 |
| Equity capital | 24,745,000 | 23,722,000 | 25,240,000 | 25,631,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 2,263,000 | 4,586,000 | 6,851,000 | 9,124,000 |
| Interest expense | 261,000 | 515,000 | 756,000 | 991,000 |
| Net interest income | 2,002,000 | 4,071,000 | 6,095,000 | 8,133,000 |
| Noninterest income | 851,000 | 1,782,000 | 2,661,000 | 3,490,000 |
| Noninterest expense | 1,862,000 | 3,708,000 | 5,692,000 | 7,640,000 |
| Provision for loan losses | 30,000 | 60,000 | 70,000 | 70,000 |
| Pretax income | 960,000 | 2,082,000 | 2,991,000 | 3,915,000 |
| Income tax | 37,000 | 83,000 | 121,000 | 159,000 |
| Net income | 923,000 | 1,999,000 | 2,870,000 | 3,756,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,884,000 | 23,685,000 | 25,208,000 | 24,546,000 |
| Total capital | 23,678,000 | 25,115,000 | 26,673,000 | 26,035,000 |
| Risk-weighted assets | 110,526,000 | 114,115,000 | 117,009,000 | 118,972,000 |