Call report 2024Q1
FIRST OPTION BANK — 2024Q1
The 22 measures FIRST OPTION BANK reported to the FFIEC for 2024Q1, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 707,092,000 | USD | evidence → |
| Total loans | 439,877,000 | USD | evidence → |
| Allowance for loan losses | 3,417,000 | USD | evidence → |
| Securities available for sale | 49,273,000 | USD | evidence → |
| Securities held to maturity | 181,039,000 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 622,838,000 | USD | evidence → |
| Interest-bearing deposits | 456,960,000 | USD | evidence → |
| Noninterest-bearing deposits | 165,878,000 | USD | evidence → |
| Equity capital | 36,578,000 | USD | evidence → |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | Value | Unit | Source |
|---|---|---|---|
| Interest income | 7,593,000 | USD | evidence → |
| Interest expense | 3,695,000 | USD | evidence → |
| Net interest income | 3,898,000 | USD | evidence → |
| Noninterest income | 2,336,000 | USD | evidence → |
| Noninterest expense | 4,838,000 | USD | evidence → |
| Provision for loan losses | 25,000 | USD | evidence → |
| Pretax income | 1,371,000 | USD | evidence → |
| Income tax | -49,000 | USD | evidence → |
| Net income | 1,420,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 55,290,000 | USD | evidence → |
| Total capital | 58,870,000 | USD | evidence → |
| Risk-weighted assets | 400,624,000 | USD | evidence → |