Call reports 2016
WEST COAST COMMUNITY BANK — 2016
What WEST COAST COMMUNITY BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 524,681,000 | 558,029,000 | 578,240,000 | 588,232,000 |
| Total loans | 377,047,000 | 386,594,000 | 386,021,000 | 416,988,000 |
| Allowance for loan losses | 7,536,000 | 7,725,000 | 7,969,000 | 8,193,000 |
| Securities available for sale | 10,665,000 | 10,593,000 | 16,870,000 | 17,952,000 |
| Securities held to maturity | 37,890,000 | 36,777,000 | 34,938,000 | 34,146,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 472,004,000 | 502,899,000 | 521,244,000 | 529,311,000 |
| Interest-bearing deposits | 277,624,000 | 279,446,000 | 278,616,000 | 284,414,000 |
| Noninterest-bearing deposits | 194,380,000 | 223,453,000 | 242,628,000 | 244,897,000 |
| Equity capital | 46,014,000 | 47,497,000 | 49,082,000 | 50,716,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 5,552,000 | 11,010,000 | 16,549,000 | 22,322,000 |
| Interest expense | 137,000 | 277,000 | 419,000 | 567,000 |
| Net interest income | 5,415,000 | 10,733,000 | 16,130,000 | 21,755,000 |
| Noninterest income | 798,000 | 1,686,000 | 2,439,000 | 3,314,000 |
| Noninterest expense | 3,514,000 | 7,024,000 | 10,392,000 | 13,633,000 |
| Provision for loan losses | 188,000 | 375,000 | 563,000 | 784,000 |
| Pretax income | 2,511,000 | 5,020,000 | 7,665,000 | 10,703,000 |
| Income tax | 1,011,000 | 1,994,000 | 3,009,000 | 4,212,000 |
| Net income | 1,500,000 | 3,026,000 | 4,656,000 | 6,491,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,237,000 | 47,707,000 | 49,268,000 | 51,087,000 |
| Total capital | 51,024,000 | 52,765,000 | 54,464,000 | 56,613,000 |
| Risk-weighted assets | 380,099,000 | 401,837,000 | 412,795,000 | 439,344,000 |