Call reports 2024
BANK OF THE SOUTHWEST — 2024
What BANK OF THE SOUTHWEST reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 176,211,000 | 177,585,000 | 180,533,000 | 177,290,000 |
| Total loans | 120,065,000 | 113,488,000 | 116,119,000 | 114,404,000 |
| Allowance for loan losses | 1,299,000 | 1,349,000 | 1,238,000 | 1,236,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 23,236,000 | 20,588,000 | 20,553,000 | 23,475,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 158,730,000 | 160,049,000 | 162,614,000 | 159,779,000 |
| Interest-bearing deposits | 66,565,000 | 61,785,000 | 60,304,000 | 61,850,000 |
| Noninterest-bearing deposits | 92,165,000 | 98,264,000 | 102,310,000 | 97,929,000 |
| Equity capital | 17,383,000 | 17,369,000 | 17,642,000 | 17,452,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 3,041,000 | 6,073,000 | 9,261,000 | 12,418,000 |
| Interest expense | 10,000 | 23,000 | 34,000 | 45,000 |
| Net interest income | 3,031,000 | 6,050,000 | 9,227,000 | 12,373,000 |
| Noninterest income | 231,000 | 489,000 | 781,000 | 1,035,000 |
| Noninterest expense | 2,146,000 | 4,380,000 | 6,622,000 | 8,963,000 |
| Provision for loan losses | 121,000 | 203,000 | 190,000 | 223,000 |
| Pretax income | 995,000 | 1,956,000 | 3,180,000 | 4,209,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 995,000 | 1,956,000 | 3,180,000 | 4,209,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,383,000 | 17,369,000 | 17,642,000 | 17,452,000 |
| Total capital | 18,690,000 | 18,722,000 | 18,905,000 | 18,709,000 |
| Risk-weighted assets | 111,739,000 | 108,224,000 | 110,546,000 | 110,529,000 |