Call reports 2024
PACIFIC WEST BANK — 2024
What PACIFIC WEST BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 314,809,000 | 321,152,000 | 345,367,000 | 328,798,000 |
| Total loans | 249,172,000 | 254,122,000 | 256,402,000 | 252,767,000 |
| Allowance for loan losses | 3,201,000 | 3,415,000 | 3,533,000 | 3,553,000 |
| Securities available for sale | 39,652,000 | 37,952,000 | 45,456,000 | 43,282,000 |
| Securities held to maturity | 7,746,000 | 7,746,000 | 7,747,000 | 7,746,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 239,787,000 | 247,751,000 | 275,649,000 | 272,796,000 |
| Interest-bearing deposits | 179,488,000 | 182,625,000 | 208,213,000 | 202,416,000 |
| Noninterest-bearing deposits | 60,299,000 | 65,126,000 | 67,436,000 | 70,380,000 |
| Equity capital | 33,660,000 | 33,655,000 | 34,136,000 | 33,801,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 4,077,000 | 8,183,000 | 12,767,000 | 17,384,000 |
| Interest expense | 2,041,000 | 4,155,000 | 6,459,000 | 8,528,000 |
| Net interest income | 2,036,000 | 4,028,000 | 6,308,000 | 8,856,000 |
| Noninterest income | 152,000 | 308,000 | 476,000 | 669,000 |
| Noninterest expense | 2,517,000 | 4,899,000 | 7,242,000 | 9,756,000 |
| Provision for loan losses | -56,000 | 20,000 | 138,000 | 158,000 |
| Pretax income | -329,000 | -628,000 | -624,000 | -407,000 |
| Income tax | -79,000 | -148,000 | -133,000 | -72,000 |
| Net income | -250,000 | -480,000 | -491,000 | -335,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,318,000 | 35,001,000 | 35,002,000 | 35,642,000 |