Call reports 2023
WESTERN STATE BANK — 2023
What WESTERN STATE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 667,652,000 | 657,007,000 | 660,526,000 | 707,268,000 |
| Total loans | 409,247,000 | 433,156,000 | 440,340,000 | 471,188,000 |
| Allowance for loan losses | 8,873,000 | 9,155,000 | 9,262,000 | 9,327,000 |
| Securities available for sale | 196,944,000 | 193,686,000 | 194,883,000 | 210,918,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 590,320,000 | 576,898,000 | 582,707,000 | 618,874,000 |
| Interest-bearing deposits | 407,324,000 | 417,930,000 | 412,727,000 | 449,683,000 |
| Noninterest-bearing deposits | 182,996,000 | 158,968,000 | 169,981,000 | 169,191,000 |
| Equity capital | 56,011,000 | 55,558,000 | 51,906,000 | 61,049,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 7,721,000 | 17,512,000 | 27,145,000 | 37,317,000 |
| Interest expense | 749,000 | 2,722,000 | 5,042,000 | 7,569,000 |
| Net interest income | 6,972,000 | 14,790,000 | 22,103,000 | 29,748,000 |
| Noninterest income | 524,000 | 1,063,000 | 1,753,000 | 2,231,000 |
| Noninterest expense | 2,936,000 | 6,342,000 | 9,612,000 | 13,478,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 4,403,000 | 8,912,000 | 12,733,000 | 15,877,000 |
| Income tax | 193,000 | 371,000 | 499,000 | 564,000 |
| Net income | 4,210,000 | 8,541,000 | 12,234,000 | 15,313,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 71,876,000 | 72,008,000 | 72,477,000 | 72,481,000 |
| Total capital | 78,168,000 | 78,576,000 | 79,517,000 | 79,987,000 |
| Risk-weighted assets | 500,512,000 | 522,593,000 | 560,648,000 | 598,433,000 |