Call reports 2016
WESTERN STATE BANK — 2016
What WESTERN STATE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 445,248,000 | 434,548,000 | 424,248,000 | 432,192,000 |
| Total loans | 296,508,000 | 306,862,000 | 302,881,000 | 301,425,000 |
| Allowance for loan losses | 7,142,000 | 7,248,000 | 7,308,000 | 7,852,000 |
| Securities available for sale | 118,051,000 | 94,486,000 | 86,827,000 | 80,195,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 393,637,000 | 382,595,000 | 372,702,000 | 383,037,000 |
| Interest-bearing deposits | 296,945,000 | 293,796,000 | 277,664,000 | 281,459,000 |
| Noninterest-bearing deposits | 96,691,000 | 88,799,000 | 95,038,000 | 101,578,000 |
| Equity capital | 50,868,000 | 51,095,000 | 50,636,000 | 48,432,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 4,167,000 | 8,500,000 | 12,779,000 | 17,088,000 |
| Interest expense | 241,000 | 479,000 | 717,000 | 948,000 |
| Net interest income | 3,926,000 | 8,021,000 | 12,062,000 | 16,140,000 |
| Noninterest income | 420,000 | 845,000 | 1,814,000 | 2,248,000 |
| Noninterest expense | 2,388,000 | 5,040,000 | 7,956,000 | 10,593,000 |
| Provision for loan losses | 0 | 120,000 | 120,000 | 470,000 |
| Pretax income | 1,958,000 | 3,988,000 | 6,082,000 | 7,482,000 |
| Income tax | 86,000 | 175,000 | 268,000 | 306,000 |
| Net income | 1,872,000 | 3,813,000 | 5,814,000 | 7,176,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 49,940,000 | 50,090,000 | 49,766,000 | 49,199,000 |
| Total capital | 54,307,000 | 54,492,000 | 54,061,000 | 53,459,000 |
| Risk-weighted assets | 346,599,000 | 349,281,000 | 340,620,000 | 337,207,000 |