Call reports 2020
WESTERN STATE BANK — 2020
What WESTERN STATE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 480,419,000 | 516,302,000 | 533,195,000 | 566,889,000 |
| Total loans | 319,150,000 | 359,985,000 | 365,204,000 | 358,892,000 |
| Allowance for loan losses | 8,044,000 | 8,445,000 | 8,658,000 | 8,735,000 |
| Securities available for sale | 115,835,000 | 115,686,000 | 131,807,000 | 143,956,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 417,910,000 | 450,635,000 | 466,645,000 | 499,854,000 |
| Interest-bearing deposits | 298,353,000 | 324,619,000 | 330,884,000 | 362,090,000 |
| Noninterest-bearing deposits | 119,556,000 | 126,016,000 | 135,762,000 | 137,764,000 |
| Equity capital | 61,349,000 | 64,478,000 | 65,365,000 | 65,948,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 5,515,000 | 11,189,000 | 16,543,000 | 21,970,000 |
| Interest expense | 485,000 | 881,000 | 1,217,000 | 1,480,000 |
| Net interest income | 5,030,000 | 10,308,000 | 15,326,000 | 20,490,000 |
| Noninterest income | 425,000 | 812,000 | 1,253,000 | 1,782,000 |
| Noninterest expense | 2,705,000 | 5,404,000 | 8,284,000 | 11,120,000 |
| Provision for loan losses | 0 | 400,000 | 650,000 | 900,000 |
| Pretax income | 3,235,000 | 5,867,000 | 8,186,000 | 10,799,000 |
| Income tax | 142,000 | 280,000 | 356,000 | 442,000 |
| Net income | 3,093,000 | 5,587,000 | 7,830,000 | 10,357,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 58,963,000 | 61,432,000 | 62,401,000 | 62,780,000 |
| Total capital | 63,484,000 | 66,467,000 | 67,521,000 | 67,828,000 |
| Risk-weighted assets | 358,124,000 | 399,393,000 | 406,069,000 | 400,182,000 |