Call reports 2023
WESTSTAR BANK — 2023
What WESTSTAR 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 | 2,762,158,000 | 2,816,918,000 | 2,977,398,000 | 3,052,669,000 |
| Total loans | 1,848,220,000 | 1,928,272,000 | 2,131,036,000 | 2,231,040,000 |
| Allowance for loan losses | 17,281,000 | 18,669,000 | 20,447,000 | 21,937,000 |
| Securities available for sale | 697,003,000 | 670,109,000 | 635,178,000 | 609,787,000 |
| Securities held to maturity | 36,251,000 | 36,029,000 | 35,805,000 | 35,635,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,463,035,000 | 2,423,614,000 | 2,339,774,000 | 2,431,975,000 |
| Interest-bearing deposits | 1,497,711,000 | 1,440,187,000 | 1,380,753,000 | 1,509,766,000 |
| Noninterest-bearing deposits | 965,324,000 | 983,427,000 | 959,021,000 | 922,209,000 |
| Equity capital | 246,446,000 | 247,177,000 | 239,375,000 | 281,135,000 |
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 | 30,020,000 | 61,047,000 | 94,784,000 | 131,092,000 |
| Interest expense | 6,972,000 | 15,738,000 | 26,659,000 | 40,199,000 |
| Net interest income | 23,048,000 | 45,309,000 | 68,125,000 | 90,893,000 |
| Noninterest income | 5,554,000 | 11,704,000 | 18,629,000 | 24,514,000 |
| Noninterest expense | 15,373,000 | 29,814,000 | 44,785,000 | 60,072,000 |
| Provision for loan losses | 510,000 | 1,909,000 | 3,694,000 | 5,143,000 |
| Pretax income | 12,493,000 | 25,699,000 | 38,242,000 | 47,727,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 12,493,000 | 25,699,000 | 38,242,000 | 47,727,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 288,935,000 | 299,607,000 | 309,677,000 | 319,332,000 |
| Total capital | 310,538,000 | 321,949,000 | 334,212,000 | 345,257,000 |
| Risk-weighted assets | 2,445,056,000 | 2,473,850,000 | 2,680,380,000 | 2,740,949,000 |