Call reports 2024
WESTSTAR BANK — 2024
What WESTSTAR 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 | 3,095,461,000 | 3,306,711,000 | 3,100,930,000 | 3,205,734,000 |
| Total loans | 2,244,589,000 | 2,275,152,000 | 2,283,234,000 | 2,292,181,000 |
| Allowance for loan losses | 23,174,000 | 24,469,000 | 27,148,000 | 26,109,000 |
| Securities available for sale | 588,679,000 | 573,790,000 | 578,114,000 | 540,759,000 |
| Securities held to maturity | 35,481,000 | 35,318,000 | 35,128,000 | 35,021,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,507,486,000 | 2,711,662,000 | 2,713,606,000 | 2,867,052,000 |
| Interest-bearing deposits | 1,614,243,000 | 1,766,946,000 | 1,795,804,000 | 1,960,281,000 |
| Noninterest-bearing deposits | 893,243,000 | 944,716,000 | 917,802,000 | 906,771,000 |
| Equity capital | 282,407,000 | 291,797,000 | 318,243,000 | 308,531,000 |
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 | 37,280,000 | 76,577,000 | 116,154,000 | 154,493,000 |
| Interest expense | 15,111,000 | 31,277,000 | 47,707,000 | 62,313,000 |
| Net interest income | 22,169,000 | 45,300,000 | 68,447,000 | 92,180,000 |
| Noninterest income | 7,106,000 | 14,105,000 | 21,239,000 | 32,777,000 |
| Noninterest expense | 15,765,000 | 31,349,000 | 47,052,000 | 63,848,000 |
| Provision for loan losses | 1,241,000 | 2,552,000 | 5,247,000 | 7,316,000 |
| Pretax income | 12,750,000 | 26,343,000 | 38,702,000 | 54,485,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 12,750,000 | 26,343,000 | 38,702,000 | 54,485,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 325,346,000 | 331,658,000 | 336,683,000 | 345,356,000 |
| Total capital | 352,017,000 | 359,263,000 | 366,522,000 | 374,287,000 |
| Risk-weighted assets | 2,728,378,000 | 2,724,052,000 | 2,737,046,000 | 2,732,809,000 |