Call reports 2018
FIRST OPTION BANK — 2018
What FIRST OPTION BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 322,542,000 | 324,897,000 | 317,986,000 | 322,711,000 |
| Total loans | 129,683,000 | 133,628,000 | 133,123,000 | 132,314,000 |
| Allowance for loan losses | 1,680,000 | 1,680,000 | 1,619,000 | 1,571,000 |
| Securities available for sale | 176,451,000 | 175,765,000 | 168,232,000 | 165,069,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 297,744,000 | 296,003,000 | 273,304,000 | 296,165,000 |
| Interest-bearing deposits | 230,502,000 | 232,941,000 | 208,895,000 | 232,534,000 |
| Noninterest-bearing deposits | 67,242,000 | 63,063,000 | 64,410,000 | 63,632,000 |
| Equity capital | 23,514,000 | 23,621,000 | 22,667,000 | 25,392,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 2,610,000 | 5,293,000 | 8,002,000 | 10,709,000 |
| Interest expense | 339,000 | 692,000 | 1,133,000 | 1,626,000 |
| Net interest income | 2,271,000 | 4,601,000 | 6,869,000 | 9,083,000 |
| Noninterest income | 1,012,000 | 1,902,000 | 3,150,000 | 4,339,000 |
| Noninterest expense | 2,278,000 | 4,494,000 | 6,745,000 | 9,052,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,005,000 | 2,011,000 | 3,286,000 | 4,382,000 |
| Income tax | -17,000 | 24,000 | 65,000 | 106,000 |
| Net income | 1,022,000 | 1,987,000 | 3,221,000 | 4,276,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,325,000 | 27,659,000 | 28,252,000 | 28,427,000 |
| Total capital | 28,970,000 | 29,320,000 | 29,871,000 | 29,998,000 |
| Risk-weighted assets | 131,588,000 | 132,879,000 | 137,132,000 | 136,195,000 |