Call reports 2023
WESTERN BANK, ARTESIA, NEW MEXICO — 2023
What WESTERN BANK, ARTESIA, NEW MEXICO 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 | 336,106,000 | 340,763,000 | 307,706,000 | 333,416,000 |
| Total loans | 140,463,000 | 139,988,000 | 140,516,000 | 145,591,000 |
| Allowance for loan losses | 1,774,000 | 1,868,000 | 1,954,000 | 1,750,000 |
| Securities available for sale | 57,096,000 | 55,985,000 | 53,824,000 | 55,976,000 |
| Securities held to maturity | 27,020,000 | 26,941,000 | 27,790,000 | 27,460,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 314,886,000 | 318,186,000 | 285,568,000 | 309,267,000 |
| Interest-bearing deposits | 106,319,000 | 101,881,000 | 101,893,000 | 108,426,000 |
| Noninterest-bearing deposits | 208,567,000 | 216,305,000 | 183,675,000 | 200,841,000 |
| Equity capital | 19,969,000 | 21,319,000 | 20,578,000 | 22,386,000 |
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 | 3,434,000 | 7,268,000 | 10,965,000 | 14,874,000 |
| Interest expense | 78,000 | 176,000 | 297,000 | 431,000 |
| Net interest income | 3,356,000 | 7,092,000 | 10,668,000 | 14,443,000 |
| Noninterest income | 190,000 | 372,000 | 560,000 | 743,000 |
| Noninterest expense | 1,289,000 | 2,664,000 | 3,992,000 | 5,575,000 |
| Provision for loan losses | 95,000 | 200,000 | 305,000 | 692,000 |
| Pretax income | 2,127,000 | 4,565,000 | 6,896,000 | 8,884,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 2,127,000 | 4,565,000 | 6,896,000 | 8,884,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,578,000 | 27,117,000 | 28,548,000 | 27,385,000 |
| Total capital | 27,352,000 | 28,985,000 | 30,502,000 | 29,136,000 |
| Risk-weighted assets | 195,068,000 | 196,348,000 | 190,575,000 | 200,421,000 |