Call reports 2023
PACIFIC WEST BANK — 2023
What PACIFIC WEST BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 298,438,000 | 295,602,000 | 309,166,000 | 320,232,000 |
| Total loans | 208,631,000 | 218,102,000 | 232,677,000 | 248,402,000 |
| Allowance for loan losses | 2,804,000 | 2,888,000 | 3,138,000 | 3,257,000 |
| Securities available for sale | 43,101,000 | 41,909,000 | 40,280,000 | 41,041,000 |
| Securities held to maturity | 7,746,000 | 7,746,000 | 7,746,000 | 7,746,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 228,030,000 | 219,836,000 | 233,661,000 | 237,560,000 |
| Interest-bearing deposits | 144,889,000 | 151,555,000 | 163,664,000 | 174,180,000 |
| Noninterest-bearing deposits | 83,141,000 | 68,281,000 | 69,997,000 | 63,380,000 |
| Equity capital | 34,112,000 | 33,840,000 | 33,197,000 | 33,961,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 3,205,000 | 6,773,000 | 10,471,000 | 14,512,000 |
| Interest expense | 636,000 | 1,864,000 | 3,368,000 | 5,100,000 |
| Net interest income | 2,569,000 | 4,909,000 | 7,103,000 | 9,412,000 |
| Noninterest income | 191,000 | 274,000 | 459,000 | 622,000 |
| Noninterest expense | 2,270,000 | 4,766,000 | 7,196,000 | 9,698,000 |
| Provision for loan losses | 150,000 | 234,000 | 484,000 | 603,000 |
| Pretax income | 340,000 | 177,000 | -99,000 | -199,000 |
| Income tax | 97,000 | 56,000 | -16,000 | 33,000 |
| Net income | 243,000 | 121,000 | -83,000 | -232,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,001,000 | 35,891,000 | 35,666,000 | 35,626,000 |