Call reports 2024
WESTSIDE STATE BANK — 2024
What WESTSIDE STATE BANK 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 | 200,999,000 | 215,611,000 | 229,379,000 | 220,034,000 |
| Total loans | 164,270,000 | 180,851,000 | 187,278,000 | 190,874,000 |
| Allowance for loan losses | 1,099,000 | 1,148,000 | 1,188,000 | 1,103,000 |
| Securities available for sale | 19,747,000 | 18,689,000 | 17,945,000 | 15,594,000 |
| Securities held to maturity | 1,500,000 | 1,500,000 | 1,500,000 | 1,500,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 155,555,000 | 155,775,000 | 162,967,000 | 165,736,000 |
| Interest-bearing deposits | 123,307,000 | 123,734,000 | 131,617,000 | 134,345,000 |
| Noninterest-bearing deposits | 32,248,000 | 32,041,000 | 31,350,000 | 31,391,000 |
| Equity capital | 14,768,000 | 15,011,000 | 16,866,000 | 16,556,000 |
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 | 2,732,000 | 5,756,000 | 9,060,000 | 12,456,000 |
| Interest expense | 1,119,000 | 2,536,000 | 4,101,000 | 5,699,000 |
| Net interest income | 1,613,000 | 3,220,000 | 4,959,000 | 6,757,000 |
| Noninterest income | 160,000 | 268,000 | 438,000 | 673,000 |
| Noninterest expense | 1,256,000 | 2,522,000 | 3,785,000 | 5,164,000 |
| Provision for loan losses | 48,000 | 106,000 | 169,000 | 232,000 |
| Pretax income | 469,000 | 860,000 | 1,443,000 | 2,034,000 |
| Income tax | 24,000 | 48,000 | 72,000 | 96,000 |
| Net income | 445,000 | 812,000 | 1,371,000 | 1,938,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,947,000 | 15,189,000 | 16,610,000 | 16,577,000 |
| Total capital | 16,046,000 | 16,337,000 | 17,798,000 | 17,680,000 |
| Risk-weighted assets | 148,029,000 | 160,439,000 | 165,872,000 | 163,089,000 |