Call reports 2020
WESTSIDE BANK — 2020
What WESTSIDE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 138,127,000 | 172,071,000 | 184,906,000 | 191,013,000 |
| Total loans | 85,790,000 | 102,431,000 | 107,002,000 | 106,701,000 |
| Allowance for loan losses | 1,277,000 | 1,551,000 | 1,562,000 | 1,562,000 |
| Securities available for sale | 8,228,000 | 7,004,000 | 6,614,000 | 6,444,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 120,407,000 | 143,853,000 | 156,015,000 | 165,641,000 |
| Interest-bearing deposits | 79,550,000 | 84,512,000 | 89,154,000 | 98,986,000 |
| Noninterest-bearing deposits | 40,857,000 | 59,342,000 | 66,861,000 | 66,655,000 |
| Equity capital | 17,152,000 | 17,527,000 | 18,041,000 | 18,435,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,502,000 | 3,280,000 | 4,979,000 | 6,696,000 |
| Interest expense | 109,000 | 200,000 | 286,000 | 362,000 |
| Net interest income | 1,393,000 | 3,080,000 | 4,693,000 | 6,334,000 |
| Noninterest income | 166,000 | 316,000 | 518,000 | 731,000 |
| Noninterest expense | 1,250,000 | 2,469,000 | 3,662,000 | 4,986,000 |
| Provision for loan losses | 35,000 | 309,000 | 320,000 | 320,000 |
| Pretax income | 274,000 | 618,000 | 1,229,000 | 1,759,000 |
| Income tax | 72,000 | 163,000 | 325,000 | 465,000 |
| Net income | 202,000 | 455,000 | 904,000 | 1,294,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,792,000 | 14,181,000 | 14,815,000 | 15,348,000 |