Call reports 2009
PACIFIC WEST BANK — 2009
What PACIFIC WEST BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 74,860,000 | 71,894,000 | 73,257,000 | 77,888,000 |
| Total loans | 59,662,000 | 59,050,000 | 57,290,000 | 57,157,000 |
| Allowance for loan losses | 837,000 | 1,398,000 | 1,230,000 | 1,305,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 61,437,000 | 59,078,000 | 59,463,000 | 65,694,000 |
| Interest-bearing deposits | 55,106,000 | 54,105,000 | 52,056,000 | 60,029,000 |
| Noninterest-bearing deposits | 6,331,000 | 4,973,000 | 7,407,000 | 5,665,000 |
| Equity capital | 7,530,000 | 7,027,000 | 6,992,000 | 6,340,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 1,001,000 | 1,965,000 | 2,947,000 | 3,852,000 |
| Interest expense | 405,000 | 812,000 | 1,174,000 | 1,557,000 |
| Net interest income | 596,000 | 1,153,000 | 1,773,000 | 2,295,000 |
| Noninterest income | 9,000 | 20,000 | 36,000 | 36,000 |
| Noninterest expense | 601,000 | 1,247,000 | 1,864,000 | 2,503,000 |
| Provision for loan losses | 85,000 | 846,000 | 921,000 | 996,000 |
| Pretax income | -81,000 | -920,000 | -976,000 | -1,168,000 |
| Income tax | -32,000 | -362,000 | -383,000 | 78,000 |
| Net income | -49,000 | -558,000 | -593,000 | -1,246,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,530,000 | 6,791,000 | 6,636,000 | 6,340,000 |
| Total capital | 8,379,000 | 7,619,000 | 7,443,000 | 7,122,000 |
| Risk-weighted assets | 67,892,000 | 65,664,000 | 64,110,000 | 62,047,000 |