Call reports 2006
WESTSOUND BANK — 2006
What WESTSOUND BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 278,483,000 | 300,842,000 | 337,580,000 | 385,969,000 |
| Total loans | 241,822,000 | 278,039,000 | 309,781,000 | 344,209,000 |
| Allowance for loan losses | 2,825,000 | 3,290,000 | 3,725,000 | 3,972,000 |
| Securities available for sale | 8,222,000 | 8,159,000 | 8,238,000 | 8,244,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 252,530,000 | 274,107,000 | 308,359,000 | 316,078,000 |
| Interest-bearing deposits | 225,888,000 | 247,875,000 | 281,523,000 | 288,158,000 |
| Noninterest-bearing deposits | 26,642,000 | 26,232,000 | 26,836,000 | 27,920,000 |
| Equity capital | 24,743,000 | 25,804,000 | 27,670,000 | 68,183,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 5,686,000 | 12,395,000 | 20,078,000 | 28,350,000 |
| Interest expense | 2,110,000 | 4,569,000 | 7,681,000 | 11,219,000 |
| Net interest income | 3,576,000 | 7,826,000 | 12,397,000 | 17,131,000 |
| Noninterest income | 1,266,000 | 2,416,000 | 3,693,000 | 4,665,000 |
| Noninterest expense | 2,989,000 | 6,263,000 | 9,784,000 | 13,882,000 |
| Provision for loan losses | 305,000 | 785,000 | 1,225,000 | 1,475,000 |
| Pretax income | 1,548,000 | 3,194,000 | 5,081,000 | 6,439,000 |
| Income tax | 519,000 | 1,071,000 | 1,701,000 | 2,157,000 |
| Net income | 1,029,000 | 2,123,000 | 3,380,000 | 4,282,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,812,000 | 25,907,000 | 27,714,000 | 68,215,000 |
| Total capital | 27,693,000 | 29,271,000 | 31,536,000 | 72,291,000 |
| Risk-weighted assets | 245,041,000 | 274,742,000 | 310,484,000 | 345,637,000 |