Call reports 2008
WEST COAST BANK — 2008
What WEST COAST BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 2,607,534,000 | 2,618,480,000 | 2,556,695,000 | 2,511,006,000 |
| Total loans | 2,197,648,000 | 2,158,082,000 | 2,109,857,000 | 2,067,656,000 |
| Allowance for loan losses | 39,602,000 | 35,723,000 | 33,498,000 | 28,920,000 |
| Securities available for sale | 226,868,000 | 231,843,000 | 203,458,000 | 195,920,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 2,179,000 | 2,020,000 | 1,839,000 | 2,363,000 |
| Total deposits | 2,068,295,000 | 2,082,385,000 | 2,065,269,000 | 2,027,899,000 |
| Interest-bearing deposits | 1,785,516,000 | 1,773,901,000 | 1,776,826,000 | 1,756,337,000 |
| Noninterest-bearing deposits | 282,779,000 | 308,484,000 | 288,443,000 | 271,562,000 |
| Equity capital | 241,969,000 | 241,841,000 | 238,517,000 | 241,701,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 39,426,000 | 75,226,000 | 110,047,000 | 142,091,000 |
| Interest expense | 13,940,000 | 25,352,000 | 35,775,000 | 46,061,000 |
| Net interest income | 25,486,000 | 49,874,000 | 74,272,000 | 96,030,000 |
| Noninterest income | 8,881,000 | 17,018,000 | 23,723,000 | 27,553,000 |
| Noninterest expense | 16,372,000 | 37,475,000 | 58,722,000 | 80,746,000 |
| Provision for loan losses | 13,602,000 | 21,131,000 | 30,633,000 | 47,081,000 |
| Pretax income | 4,983,000 | 9,063,000 | 3,079,000 | -9,802,000 |
| Income tax | 1,664,000 | 2,648,000 | -1,367,000 | -6,008,000 |
| Net income | 3,319,000 | 6,415,000 | 4,446,000 | -3,794,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 227,949,000 | 230,957,000 | 227,555,000 | 229,166,000 |
| Total capital | 258,679,000 | 261,590,000 | 257,478,000 | 258,829,000 |
| Risk-weighted assets | 2,446,927,000 | 2,444,253,000 | 2,389,291,000 | 2,372,781,000 |