Call reports 2010
PACIFIC WEST BANK — 2010
What PACIFIC WEST BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 73,697,000 | 72,623,000 | 67,243,000 | 63,237,000 |
| Total loans | 58,124,000 | 55,808,000 | 53,285,000 | 49,294,000 |
| Allowance for loan losses | 1,522,000 | 1,320,000 | 1,227,000 | 1,605,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 62,886,000 | 62,578,000 | 58,252,000 | 54,808,000 |
| Interest-bearing deposits | 56,523,000 | 55,033,000 | 50,249,000 | 48,054,000 |
| Noninterest-bearing deposits | 6,363,000 | 7,545,000 | 8,003,000 | 6,754,000 |
| Equity capital | 4,917,000 | 4,349,000 | 3,298,000 | 2,742,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 901,000 | 1,767,000 | 2,634,000 | 3,366,000 |
| Interest expense | 347,000 | 665,000 | 947,000 | 1,192,000 |
| Net interest income | 554,000 | 1,102,000 | 1,687,000 | 2,174,000 |
| Noninterest income | 15,000 | -33,000 | -113,000 | -95,000 |
| Noninterest expense | 695,000 | 1,519,000 | 2,247,000 | 3,025,000 |
| Provision for loan losses | 1,305,000 | 1,885,000 | 2,772,000 | 3,520,000 |
| Pretax income | -1,431,000 | -2,335,000 | -3,445,000 | -4,466,000 |
| Income tax | 0 | 2,000 | 3,000 | 4,000 |
| Net income | -1,431,000 | -2,337,000 | -3,448,000 | -4,470,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,917,000 | 4,349,000 | 3,298,000 | 2,742,000 |
| Total capital | 5,696,000 | 5,112,000 | 3,992,000 | 3,406,000 |
| Risk-weighted assets | 61,566,000 | 60,484,000 | 54,968,000 | 52,164,000 |