Call reports 2024
WESTERN BANK, ARTESIA, NEW MEXICO — 2024
What WESTERN BANK, ARTESIA, NEW MEXICO 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 | 356,953,000 | 341,105,000 | 370,963,000 | 369,415,000 |
| Total loans | 139,566,000 | 149,003,000 | 146,734,000 | 147,703,000 |
| Allowance for loan losses | 1,822,000 | 1,734,000 | 1,804,000 | 1,843,000 |
| Securities available for sale | 55,039,000 | 54,181,000 | 53,444,000 | 50,164,000 |
| Securities held to maturity | 27,693,000 | 26,427,000 | 26,351,000 | 25,368,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 331,278,000 | 313,849,000 | 340,357,000 | 341,263,000 |
| Interest-bearing deposits | 104,779,000 | 100,275,000 | 103,376,000 | 110,970,000 |
| Noninterest-bearing deposits | 226,499,000 | 213,574,000 | 236,981,000 | 230,293,000 |
| Equity capital | 23,661,000 | 25,255,000 | 28,270,000 | 25,669,000 |
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 | 4,133,000 | 8,491,000 | 13,011,000 | 17,618,000 |
| Interest expense | 132,000 | 264,000 | 398,000 | 530,000 |
| Net interest income | 4,001,000 | 8,227,000 | 12,613,000 | 17,088,000 |
| Noninterest income | 140,000 | 308,000 | 487,000 | 673,000 |
| Noninterest expense | 1,385,000 | 2,860,000 | 4,364,000 | 6,137,000 |
| Provision for loan losses | 75,000 | 0 | 75,000 | 150,000 |
| Pretax income | 2,681,000 | 5,525,000 | 8,511,000 | 11,324,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 2,681,000 | 5,525,000 | 8,511,000 | 11,324,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,066,000 | 30,635,000 | 32,347,000 | 31,159,000 |
| Total capital | 30,887,000 | 32,518,000 | 34,301,000 | 33,152,000 |
| Risk-weighted assets | 201,885,000 | 205,546,000 | 208,493,000 | 210,961,000 |