Call reports 2005
WESTSOUND BANK — 2005
What WESTSOUND BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 155,507,000 | 184,702,000 | 224,126,000 | 250,042,000 |
| Total loans | 139,516,000 | 158,331,000 | 183,512,000 | 209,692,000 |
| Allowance for loan losses | 1,396,000 | 1,747,000 | 2,048,000 | 2,520,000 |
| Securities available for sale | 6,288,000 | 6,356,000 | 8,299,000 | 8,235,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 141,594,000 | 169,606,000 | 199,643,000 | 224,509,000 |
| Interest-bearing deposits | 125,545,000 | 149,942,000 | 177,632,000 | 202,377,000 |
| Noninterest-bearing deposits | 16,048,000 | 19,664,000 | 22,011,000 | 22,132,000 |
| Equity capital | 13,361,000 | 14,169,000 | 23,168,000 | 23,676,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 2,854,000 | 6,489,000 | 10,813,000 | 15,686,000 |
| Interest expense | 829,000 | 1,883,000 | 3,301,000 | 5,003,000 |
| Net interest income | 2,025,000 | 4,606,000 | 7,512,000 | 10,683,000 |
| Noninterest income | 924,000 | 2,192,000 | 3,709,000 | 5,242,000 |
| Noninterest expense | 2,029,000 | 4,507,000 | 7,259,000 | 10,701,000 |
| Provision for loan losses | 207,000 | 558,000 | 859,000 | 1,331,000 |
| Pretax income | 713,000 | 1,733,000 | 3,103,000 | 3,893,000 |
| Income tax | 255,000 | 580,000 | 1,051,000 | 1,297,000 |
| Net income | 458,000 | 1,153,000 | 2,052,000 | 2,596,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,429,000 | 14,173,000 | 23,197,000 | 23,740,000 |
| Total capital | 14,862,000 | 15,962,000 | 25,296,000 | 26,316,000 |
| Risk-weighted assets | 134,007,000 | 153,976,000 | 182,505,000 | 209,797,000 |