Call reports 2021
WEST COAST COMMUNITY BANK — 2021
What WEST COAST COMMUNITY 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 | 1,550,980,000 | 1,631,136,000 | 1,699,550,000 | 1,701,250,000 |
| Total loans | 1,341,046,000 | 1,276,097,000 | 1,193,230,000 | 1,201,805,000 |
| Allowance for loan losses | 13,399,000 | 15,451,000 | 17,555,000 | 19,978,000 |
| Securities available for sale | 55,718,000 | 78,535,000 | 216,087,000 | 272,802,000 |
| Securities held to maturity | 5,102,000 | 3,557,000 | 3,376,000 | 3,242,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,356,054,000 | 1,432,707,000 | 1,498,744,000 | 1,496,336,000 |
| Interest-bearing deposits | 715,258,000 | 729,334,000 | 779,293,000 | 779,448,000 |
| Noninterest-bearing deposits | 640,796,000 | 703,373,000 | 719,451,000 | 716,888,000 |
| Equity capital | 173,484,000 | 178,593,000 | 183,045,000 | 186,090,000 |
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 | 14,661,000 | 30,521,000 | 47,332,000 | 63,351,000 |
| Interest expense | 492,000 | 978,000 | 1,415,000 | 1,816,000 |
| Net interest income | 14,169,000 | 29,543,000 | 45,917,000 | 61,535,000 |
| Noninterest income | 1,450,000 | 2,938,000 | 3,708,000 | 4,459,000 |
| Noninterest expense | 7,077,000 | 14,407,000 | 21,677,000 | 29,071,000 |
| Provision for loan losses | 375,000 | 2,425,000 | 4,525,000 | 6,858,000 |
| Pretax income | 8,167,000 | 15,649,000 | 23,423,000 | 30,065,000 |
| Income tax | 2,378,000 | 4,568,000 | 6,842,000 | 8,791,000 |
| Net income | 5,789,000 | 11,081,000 | 16,581,000 | 21,274,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 144,910,000 | 150,033,000 | 155,569,000 | 159,959,000 |
| Total capital | 157,071,000 | 163,403,000 | 169,632,000 | 174,706,000 |
| Risk-weighted assets | 971,315,000 | 1,067,263,000 | 1,121,196,000 | 1,174,182,000 |