Call reports 2023
BANK OF THE SOUTHWEST — 2023
What BANK OF THE SOUTHWEST 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 | 187,288,000 | 185,752,000 | 198,613,000 | 180,752,000 |
| Total loans | 117,875,000 | 122,042,000 | 117,163,000 | 119,050,000 |
| Allowance for loan losses | 1,320,000 | 1,489,000 | 1,542,000 | 1,185,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 16,441,000 | 19,757,000 | 26,605,000 | 23,422,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 171,071,000 | 169,020,000 | 181,246,000 | 163,203,000 |
| Interest-bearing deposits | 150,100,000 | 69,871,000 | 68,799,000 | 69,530,000 |
| Noninterest-bearing deposits | 20,971,000 | 99,149,000 | 112,447,000 | 93,673,000 |
| Equity capital | 16,131,000 | 16,477,000 | 17,050,000 | 17,488,000 |
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 | 2,760,000 | 5,596,000 | 8,706,000 | 11,895,000 |
| Interest expense | 17,000 | 27,000 | 35,000 | 43,000 |
| Net interest income | 2,743,000 | 5,569,000 | 8,671,000 | 11,852,000 |
| Noninterest income | 203,000 | 527,000 | 741,000 | 350,000 |
| Noninterest expense | 2,120,000 | 4,148,000 | 6,152,000 | 8,132,000 |
| Provision for loan losses | 103,000 | 339,000 | 428,000 | 100,000 |
| Pretax income | 723,000 | 1,609,000 | 2,832,000 | 3,970,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 723,000 | 1,609,000 | 2,832,000 | 3,970,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,131,000 | 16,477,000 | 17,050,000 | 17,488,000 |
| Total capital | 17,452,000 | 17,927,000 | 18,440,000 | 18,682,000 |
| Risk-weighted assets | 112,848,000 | 115,926,000 | 110,999,000 | 113,290,000 |