Call reports 2021
PACIFIC WEST BANK — 2021
What PACIFIC WEST BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 288,196,000 | 283,991,000 | 276,688,000 | 274,693,000 |
| Total loans | 195,521,000 | 189,827,000 | 182,957,000 | 195,527,000 |
| Allowance for loan losses | 1,750,000 | 1,825,000 | 1,975,000 | 2,225,000 |
| Securities available for sale | 25,292,000 | 31,605,000 | 29,986,000 | 29,744,000 |
| Securities held to maturity | 5,000,000 | 5,750,000 | 6,250,000 | 6,250,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 230,857,000 | 226,217,000 | 233,738,000 | 231,263,000 |
| Interest-bearing deposits | 107,839,000 | 111,626,000 | 125,038,000 | 125,386,000 |
| Noninterest-bearing deposits | 123,018,000 | 114,591,000 | 108,700,000 | 105,877,000 |
| Equity capital | 33,979,000 | 34,344,000 | 34,951,000 | 35,124,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 2,294,000 | 4,446,000 | 7,297,000 | 10,086,000 |
| Interest expense | 145,000 | 292,000 | 426,000 | 543,000 |
| Net interest income | 2,149,000 | 4,154,000 | 6,871,000 | 9,543,000 |
| Noninterest income | 67,000 | 142,000 | 207,000 | 269,000 |
| Noninterest expense | 1,529,000 | 3,209,000 | 5,020,000 | 7,075,000 |
| Provision for loan losses | 75,000 | 150,000 | 300,000 | 550,000 |
| Pretax income | 612,000 | 937,000 | 1,758,000 | 2,187,000 |
| Income tax | 158,000 | 241,000 | 453,000 | 673,000 |
| Net income | 454,000 | 696,000 | 1,305,000 | 1,514,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,396,000 | 32,781,000 | 33,619,000 | 33,690,000 |