Call reports 2024
WEST COAST COMMUNITY BANK — 2024
What WEST COAST COMMUNITY 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 | 1,712,562,000 | 1,711,697,000 | 1,800,635,000 | 2,680,345,000 |
| Total loans | 1,378,761,000 | 1,387,053,000 | 1,394,507,000 | 2,045,215,000 |
| Allowance for loan losses | 23,043,000 | 22,999,000 | 23,099,000 | 31,622,000 |
| Securities available for sale | 219,727,000 | 212,146,000 | 198,531,000 | 400,473,000 |
| Securities held to maturity | 7,346,000 | 7,321,000 | 7,296,000 | 7,273,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,456,356,000 | 1,432,031,000 | 1,527,256,000 | 2,311,516,000 |
| Interest-bearing deposits | 889,405,000 | 881,180,000 | 895,490,000 | 1,293,301,000 |
| Noninterest-bearing deposits | 566,951,000 | 550,851,000 | 631,766,000 | 1,018,215,000 |
| Equity capital | 237,622,000 | 245,664,000 | 256,219,000 | 344,225,000 |
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 | 25,836,000 | 51,790,000 | 78,040,000 | 120,481,000 |
| Interest expense | 5,344,000 | 10,899,000 | 16,446,000 | 24,272,000 |
| Net interest income | 20,492,000 | 40,891,000 | 61,594,000 | 96,209,000 |
| Noninterest income | 794,000 | 1,567,000 | 2,353,000 | 2,923,000 |
| Noninterest expense | 9,006,000 | 18,290,000 | 27,967,000 | 48,808,000 |
| Provision for loan losses | -900,000 | -900,000 | -800,000 | 6,929,000 |
| Pretax income | 13,280,000 | 25,168,000 | 36,880,000 | 43,285,000 |
| Income tax | 3,906,000 | 7,398,000 | 10,837,000 | 12,654,000 |
| Net income | 9,374,000 | 17,770,000 | 26,043,000 | 30,631,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 220,072,000 | 227,487,000 | 234,589,000 | 288,599,000 |
| Total capital | 239,006,000 | 246,603,000 | 253,773,000 | 316,993,000 |
| Risk-weighted assets | 1,508,945,000 | 1,523,711,000 | 1,529,103,000 | 2,266,138,000 |