Call reports 2023
WEST COAST COMMUNITY BANK — 2023
What WEST COAST COMMUNITY 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 | 1,727,414,000 | 1,746,377,000 | 1,773,225,000 | 1,794,295,000 |
| Total loans | 1,318,727,000 | 1,337,703,000 | 1,375,217,000 | 1,411,293,000 |
| Allowance for loan losses | 25,879,000 | 24,808,000 | 25,114,000 | 23,943,000 |
| Securities available for sale | 298,960,000 | 280,273,000 | 284,002,000 | 262,566,000 |
| Securities held to maturity | 2,780,000 | 8,664,000 | 7,628,000 | 7,585,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,461,926,000 | 1,467,334,000 | 1,529,210,000 | 1,515,436,000 |
| Interest-bearing deposits | 842,748,000 | 850,418,000 | 883,200,000 | 935,454,000 |
| Noninterest-bearing deposits | 619,178,000 | 616,916,000 | 646,010,000 | 579,982,000 |
| Equity capital | 204,240,000 | 208,201,000 | 217,332,000 | 229,598,000 |
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 | 22,146,000 | 45,226,000 | 69,619,000 | 94,913,000 |
| Interest expense | 1,412,000 | 4,315,000 | 7,658,000 | 12,149,000 |
| Net interest income | 20,734,000 | 40,911,000 | 61,961,000 | 82,764,000 |
| Noninterest income | 692,000 | 1,438,000 | 2,491,000 | 3,247,000 |
| Noninterest expense | 8,480,000 | 17,112,000 | 25,374,000 | 34,617,000 |
| Provision for loan losses | 323,000 | 252,000 | 554,000 | 555,000 |
| Pretax income | 12,600,000 | 24,405,000 | 37,388,000 | 49,951,000 |
| Income tax | 3,721,000 | 7,208,000 | 10,989,000 | 14,673,000 |
| Net income | 8,879,000 | 17,197,000 | 26,399,000 | 35,278,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 189,784,000 | 195,119,000 | 204,215,000 | 211,989,000 |
| Total capital | 207,515,000 | 213,535,000 | 223,193,000 | 231,418,000 |
| Risk-weighted assets | 1,409,358,000 | 1,465,364,000 | 1,510,041,000 | 1,548,046,000 |