Call reports 2024
WESTERN COMMERCE BANK — 2024
What WESTERN COMMERCE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 789,597,000 | 744,605,000 | 770,058,000 | 780,847,000 |
| Total loans | 439,631,000 | 444,172,000 | 446,290,000 | 454,340,000 |
| Allowance for loan losses | 5,398,000 | 5,521,000 | 4,722,000 | 4,847,000 |
| Securities available for sale | 641,000 | 612,000 | 601,000 | 560,000 |
| Securities held to maturity | 263,601,000 | 266,990,000 | 253,009,000 | 254,209,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 717,643,000 | 671,561,000 | 693,290,000 | 699,033,000 |
| Interest-bearing deposits | 438,415,000 | 402,111,000 | 428,172,000 | 440,551,000 |
| Noninterest-bearing deposits | 279,228,000 | 269,450,000 | 265,118,000 | 258,482,000 |
| Equity capital | 68,069,000 | 69,321,000 | 73,179,000 | 79,478,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 10,931,000 | 21,918,000 | 32,780,000 | 44,299,000 |
| Interest expense | 613,000 | 1,405,000 | 2,362,000 | 3,339,000 |
| Net interest income | 10,318,000 | 20,513,000 | 30,418,000 | 40,960,000 |
| Noninterest income | 636,000 | 1,322,000 | 2,051,000 | 2,811,000 |
| Noninterest expense | 4,016,000 | 8,333,000 | 12,551,000 | 17,236,000 |
| Provision for loan losses | 75,000 | 200,000 | 450,000 | 750,000 |
| Pretax income | 6,863,000 | 13,314,000 | 19,480,000 | 25,797,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 6,863,000 | 13,314,000 | 19,480,000 | 25,797,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 68,080,000 | 69,332,000 | 73,172,000 | 79,490,000 |
| Total capital | 72,715,000 | 73,968,000 | 77,634,000 | 84,054,000 |
| Risk-weighted assets | 370,051,000 | 370,069,000 | 356,738,000 | 364,869,000 |