Call reports 2019
FIRST OPTION BANK — 2019
What FIRST OPTION BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 322,550,000 | 333,338,000 | 329,752,000 | 434,907,000 |
| Total loans | 133,435,000 | 139,784,000 | 148,230,000 | 210,498,000 |
| Allowance for loan losses | 1,369,000 | 1,403,000 | 1,783,000 | 1,707,000 |
| Securities available for sale | 170,903,000 | 169,440,000 | 163,074,000 | 173,903,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 294,052,000 | 301,220,000 | 286,882,000 | 395,049,000 |
| Interest-bearing deposits | 228,592,000 | 235,346,000 | 218,939,000 | 299,223,000 |
| Noninterest-bearing deposits | 65,460,000 | 65,874,000 | 67,943,000 | 95,827,000 |
| Equity capital | 27,184,000 | 30,404,000 | 37,806,000 | 38,279,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 2,730,000 | 5,547,000 | 8,513,000 | 11,971,000 |
| Interest expense | 477,000 | 975,000 | 1,531,000 | 2,113,000 |
| Net interest income | 2,253,000 | 4,572,000 | 6,982,000 | 9,858,000 |
| Noninterest income | 1,242,000 | 2,560,000 | 3,965,000 | 5,403,000 |
| Noninterest expense | 2,370,000 | 4,859,000 | 7,517,000 | 10,673,000 |
| Provision for loan losses | 30,000 | 60,000 | 70,000 | 70,000 |
| Pretax income | 1,071,000 | 2,241,000 | 3,391,000 | 4,624,000 |
| Income tax | 44,000 | 104,000 | 166,000 | 228,000 |
| Net income | 1,027,000 | 2,137,000 | 3,225,000 | 4,396,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,872,000 | 29,354,000 | 35,981,000 | 36,796,000 |
| Total capital | 30,241,000 | 30,757,000 | 37,764,000 | 38,503,000 |
| Risk-weighted assets | 135,231,000 | 140,224,000 | 162,674,000 | 203,374,000 |