Call reports 2022
WESTERN STATE BANK — 2022
What WESTERN STATE BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 629,925,000 | 604,681,000 | 605,518,000 | 636,480,000 |
| Total loans | 378,651,000 | 391,081,000 | 393,533,000 | 404,331,000 |
| Allowance for loan losses | 9,119,000 | 9,128,000 | 9,109,000 | 9,166,000 |
| Securities available for sale | 230,492,000 | 194,776,000 | 191,309,000 | 192,251,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 574,776,000 | 554,865,000 | 555,047,000 | 583,295,000 |
| Interest-bearing deposits | 392,760,000 | 383,836,000 | 371,407,000 | 381,919,000 |
| Noninterest-bearing deposits | 182,016,000 | 171,028,000 | 183,640,000 | 201,376,000 |
| Equity capital | 54,348,000 | 49,239,000 | 44,734,000 | 52,369,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 5,514,000 | 11,485,000 | 17,933,000 | 25,079,000 |
| Interest expense | 183,000 | 378,000 | 672,000 | 1,077,000 |
| Net interest income | 5,331,000 | 11,107,000 | 17,261,000 | 24,002,000 |
| Noninterest income | 507,000 | 1,022,000 | 1,554,000 | 2,114,000 |
| Noninterest expense | 3,017,000 | 6,010,000 | 8,956,000 | 12,131,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 2,821,000 | 5,200,000 | 8,514,000 | 11,881,000 |
| Income tax | 124,000 | 236,000 | 373,000 | 500,000 |
| Net income | 2,697,000 | 4,964,000 | 8,141,000 | 11,381,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 65,112,000 | 66,281,000 | 68,582,000 | 70,865,000 |
| Total capital | 70,679,000 | 72,321,000 | 74,775,000 | 77,105,000 |
| Risk-weighted assets | 441,776,000 | 480,151,000 | 492,553,000 | 496,241,000 |