Call report 2024Q2
FIRST OPTION BANK — 2024Q2
The 22 measures FIRST OPTION BANK reported to the FFIEC for 2024Q2, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 715,369,000 | USD | evidence → |
| Total loans | 445,619,000 | USD | evidence → |
| Allowance for loan losses | 3,532,000 | USD | evidence → |
| Securities available for sale | 53,416,000 | USD | evidence → |
| Securities held to maturity | 178,390,000 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 641,055,000 | USD | evidence → |
| Interest-bearing deposits | 494,097,000 | USD | evidence → |
| Noninterest-bearing deposits | 146,958,000 | USD | evidence → |
| Equity capital | 38,172,000 | 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 | 15,406,000 | USD | evidence → |
| Interest expense | 7,401,000 | USD | evidence → |
| Net interest income | 8,005,000 | USD | evidence → |
| Noninterest income | 4,649,000 | USD | evidence → |
| Noninterest expense | 9,602,000 | USD | evidence → |
| Provision for loan losses | 121,000 | USD | evidence → |
| Pretax income | 2,931,000 | USD | evidence → |
| Income tax | -9,000 | USD | evidence → |
| Net income | 2,940,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 56,160,000 | USD | evidence → |
| Total capital | 59,855,000 | USD | evidence → |
| Risk-weighted assets | 415,233,000 | USD | evidence → |