Call reports 2024
SUNWEST BANK — 2024
What SUNWEST 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 | 3,232,434,000 | 3,379,186,000 | 3,431,706,000 | 3,491,626,000 |
| Total loans | 2,396,603,000 | 2,549,583,000 | 2,708,271,000 | 2,840,143,000 |
| Allowance for loan losses | 44,821,000 | 47,453,000 | 48,635,000 | 49,062,000 |
| Securities available for sale | 581,322,000 | 581,948,000 | 432,411,000 | 389,420,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,562,755,000 | 2,581,146,000 | 2,661,636,000 | 2,843,931,000 |
| Interest-bearing deposits | 1,397,698,000 | 1,395,870,000 | 1,406,606,000 | 1,487,218,000 |
| Noninterest-bearing deposits | 1,165,057,000 | 1,185,276,000 | 1,255,030,000 | 1,356,713,000 |
| Equity capital | 269,394,000 | 279,450,000 | 303,394,000 | 309,545,000 |
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 | 44,826,000 | 94,127,000 | 147,035,000 | 199,062,000 |
| Interest expense | 12,013,000 | 25,918,000 | 40,659,000 | 52,590,000 |
| Net interest income | 32,813,000 | 68,209,000 | 106,376,000 | 146,472,000 |
| Noninterest income | 3,462,000 | 6,923,000 | 10,836,000 | 14,232,000 |
| Noninterest expense | 22,835,000 | 46,463,000 | 69,968,000 | 95,328,000 |
| Provision for loan losses | 3,526,000 | 6,153,000 | 7,295,000 | 7,777,000 |
| Pretax income | 9,851,000 | 22,548,000 | 38,794,000 | 56,761,000 |
| Income tax | 2,302,000 | 5,355,000 | 8,644,000 | 11,498,000 |
| Net income | 7,548,000 | 17,192,000 | 30,149,000 | 45,262,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 286,296,000 | 296,169,000 | 309,281,000 | 320,200,000 |
| Total capital | 322,895,000 | 334,872,000 | 349,596,000 | 362,146,000 |
| Risk-weighted assets | 2,917,960,000 | 3,085,806,000 | 3,215,455,000 | 3,347,318,000 |