Call reports 2020
PACIFIC WEST BANK — 2020
What PACIFIC WEST BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 144,995,000 | 188,749,000 | 197,077,000 | 211,784,000 |
| Total loans | 90,387,000 | 140,051,000 | 156,324,000 | 149,536,000 |
| Allowance for loan losses | 1,135,000 | 1,200,000 | 1,400,000 | 1,675,000 |
| Securities available for sale | 10,152,000 | 14,513,000 | 13,388,000 | 18,116,000 |
| Securities held to maturity | 0 | 0 | 2,000,000 | 3,750,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 108,389,000 | 151,741,000 | 160,471,000 | 170,095,000 |
| Interest-bearing deposits | 68,015,000 | 83,406,000 | 91,686,000 | 87,885,000 |
| Noninterest-bearing deposits | 40,374,000 | 68,335,000 | 68,785,000 | 82,210,000 |
| Equity capital | 33,757,000 | 33,680,000 | 33,449,000 | 33,776,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,302,000 | 2,775,000 | 4,352,000 | 6,545,000 |
| Interest expense | 218,000 | 413,000 | 572,000 | 714,000 |
| Net interest income | 1,084,000 | 2,362,000 | 3,780,000 | 5,831,000 |
| Noninterest income | 34,000 | 69,000 | 127,000 | 188,000 |
| Noninterest expense | 1,493,000 | 2,901,000 | 4,539,000 | 6,042,000 |
| Provision for loan losses | 215,000 | 302,000 | 502,000 | 777,000 |
| Pretax income | -591,000 | -771,000 | -1,133,000 | -801,000 |
| Income tax | -153,000 | -193,000 | -277,000 | -180,000 |
| Net income | -438,000 | -578,000 | -856,000 | -621,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,940,000 | 31,795,000 | 31,468,000 | 31,851,000 |