Call reports 2009
WEST COAST BANK — 2009
What WEST COAST BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 2,492,328,000 | 2,609,687,000 | 2,649,223,000 | 2,729,451,000 |
| Total loans | 2,003,746,000 | 1,920,409,000 | 1,822,960,000 | 1,726,018,000 |
| Allowance for loan losses | 37,532,000 | 37,700,000 | 39,075,000 | 38,490,000 |
| Securities available for sale | 231,015,000 | 367,272,000 | 408,852,000 | 559,161,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 1,458,000 | 1,390,000 | 1,500,000 | 1,549,000 |
| Total deposits | 2,057,183,000 | 2,114,250,000 | 2,160,336,000 | 2,159,341,000 |
| Interest-bearing deposits | 1,756,164,000 | 1,815,548,000 | 1,872,455,000 | 1,773,897,000 |
| Noninterest-bearing deposits | 301,019,000 | 298,702,000 | 287,881,000 | 385,444,000 |
| Equity capital | 218,471,000 | 212,852,000 | 206,058,000 | 288,476,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 28,922,000 | 58,193,000 | 86,288,000 | 113,546,000 |
| Interest expense | 7,989,000 | 16,249,000 | 24,512,000 | 31,940,000 |
| Net interest income | 20,933,000 | 41,944,000 | 61,776,000 | 81,606,000 |
| Noninterest income | 3,395,000 | 7,838,000 | 11,644,000 | 4,672,000 |
| Noninterest expense | 34,670,000 | 59,233,000 | 82,013,000 | 105,607,000 |
| Provision for loan losses | 23,214,000 | 34,669,000 | 54,877,000 | 90,143,000 |
| Pretax income | -33,358,000 | -43,287,000 | -62,637,000 | -108,639,000 |
| Income tax | -10,167,000 | -14,084,000 | -21,223,000 | -18,555,000 |
| Net income | -23,191,000 | -29,203,000 | -41,414,000 | -90,084,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 221,438,000 | 215,544,000 | 203,433,000 | 289,236,000 |
| Total capital | 250,917,000 | 243,867,000 | 230,394,000 | 315,027,000 |
| Risk-weighted assets | 2,349,343,000 | 2,255,637,000 | 2,143,833,000 | 2,049,613,000 |