Call reports 2007
PACIFIC WEST BANK — 2007
What PACIFIC WEST BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 28,966,000 | 35,808,000 | 40,168,000 | 42,008,000 |
| Total loans | 26,518,000 | 30,703,000 | 36,082,000 | 36,317,000 |
| Allowance for loan losses | 401,000 | 445,000 | 500,000 | 537,000 |
| Securities available for sale | 0 | 500,000 | 1,834,000 | 984,000 |
| Securities held to maturity | 1,814,000 | 1,380,000 | 1,126,000 | 872,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 20,939,000 | 28,580,000 | 28,418,000 | 32,084,000 |
| Interest-bearing deposits | 16,300,000 | 21,835,000 | 21,818,000 | 25,685,000 |
| Noninterest-bearing deposits | 4,640,000 | 6,745,000 | 6,601,000 | 6,399,000 |
| Equity capital | 7,008,000 | 7,101,000 | 7,254,000 | 7,509,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 608,000 | 1,318,000 | 2,151,000 | 3,029,000 |
| Interest expense | 168,000 | 383,000 | 641,000 | 953,000 |
| Net interest income | 440,000 | 935,000 | 1,510,000 | 2,076,000 |
| Noninterest income | 5,000 | 10,000 | 18,000 | 25,000 |
| Noninterest expense | 281,000 | 596,000 | 901,000 | 1,312,000 |
| Provision for loan losses | 51,000 | 95,000 | 150,000 | 193,000 |
| Pretax income | 113,000 | 254,000 | 477,000 | 596,000 |
| Income tax | 44,000 | 104,000 | 184,000 | 234,000 |
| Net income | 69,000 | 150,000 | 293,000 | 362,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,920,000 | 7,101,000 | 7,254,000 | 7,509,000 |
| Total capital | 7,285,000 | 7,528,000 | 7,718,000 | 7,993,000 |
| Risk-weighted assets | 29,157,000 | 34,141,000 | 39,162,000 | 41,074,000 |