Call reports 2023
WEST BANK — 2023
What WEST 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 | 3,623,491,000 | 3,676,875,000 | 3,700,098,000 | 3,824,435,000 |
| Total loans | 2,756,185,000 | 2,807,075,000 | 2,849,777,000 | 2,927,535,000 |
| Allowance for loan losses | 27,941,000 | 27,938,000 | 28,147,000 | 28,342,000 |
| Securities available for sale | 665,358,000 | 645,091,000 | 609,365,000 | 623,919,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,804,844,000 | 2,841,425,000 | 2,761,973,000 | 2,978,874,000 |
| Interest-bearing deposits | 2,192,727,000 | 2,268,296,000 | 2,203,841,000 | 2,425,053,000 |
| Noninterest-bearing deposits | 612,117,000 | 573,129,000 | 558,132,000 | 553,821,000 |
| Equity capital | 329,298,000 | 329,271,000 | 314,607,000 | 335,422,000 |
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 | 37,179,000 | 76,530,000 | 117,622,000 | 160,305,000 |
| Interest expense | 16,709,000 | 36,899,000 | 59,578,000 | 84,136,000 |
| Net interest income | 20,470,000 | 39,631,000 | 58,044,000 | 76,169,000 |
| Noninterest income | 2,945,000 | 5,321,000 | 8,129,000 | 10,445,000 |
| Noninterest expense | 11,885,000 | 24,155,000 | 35,927,000 | 47,954,000 |
| Provision for loan losses | 0 | 0 | 200,000 | 500,000 |
| Pretax income | 11,530,000 | 20,797,000 | 30,046,000 | 37,529,000 |
| Income tax | 2,193,000 | 4,058,000 | 5,958,000 | 7,474,000 |
| Net income | 9,337,000 | 16,739,000 | 24,088,000 | 30,055,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 415,741,000 | 418,288,000 | 419,582,000 | 419,559,000 |
| Total capital | 446,026,000 | 448,570,000 | 450,074,000 | 450,445,000 |
| Risk-weighted assets | 3,390,321,000 | 3,416,308,000 | 3,492,968,000 | 3,529,743,000 |