Call reports 2020
WEST UNION BANK — 2020
What WEST UNION 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 | 206,836,000 | 214,132,000 | 214,342,000 | 217,519,000 |
| Total loans | 89,632,000 | 93,356,000 | 96,869,000 | 95,959,000 |
| Allowance for loan losses | 1,194,000 | 1,222,000 | 1,395,000 | 1,470,000 |
| Securities available for sale | 104,684,000 | 110,011,000 | 106,180,000 | 106,734,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 175,784,000 | 183,394,000 | 184,910,000 | 184,104,000 |
| Interest-bearing deposits | 101,335,000 | 107,246,000 | 114,386,000 | 111,502,000 |
| Noninterest-bearing deposits | 74,449,000 | 76,148,000 | 70,524,000 | 72,602,000 |
| Equity capital | 16,752,000 | 21,770,000 | 22,248,000 | 22,591,000 |
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 | 1,898,000 | 3,757,000 | 5,635,000 | 7,477,000 |
| Interest expense | 138,000 | 241,000 | 349,000 | 458,000 |
| Net interest income | 1,760,000 | 3,516,000 | 5,286,000 | 7,019,000 |
| Noninterest income | 237,000 | 417,000 | 638,000 | 888,000 |
| Noninterest expense | 1,289,000 | 2,477,000 | 3,762,000 | 5,059,000 |
| Provision for loan losses | 95,000 | 185,000 | 355,000 | 510,000 |
| Pretax income | 754,000 | 1,412,000 | 1,948,000 | 2,479,000 |
| Income tax | 111,000 | 177,000 | 219,000 | 227,000 |
| Net income | 643,000 | 1,235,000 | 1,729,000 | 2,252,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,152,000 | 18,744,000 | 18,888,000 | 18,818,000 |
| Total capital | 19,363,000 | 19,983,000 | 20,303,000 | 20,310,000 |
| Risk-weighted assets | 121,599,000 | 125,146,000 | 126,705,000 | 126,833,000 |