Call reports 2001
FIRST WESTERN BANK STURGIS, THE — 2001
What FIRST WESTERN BANK STURGIS, THE reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 240,644,000 | 246,250,000 | 260,840,000 | 265,232,000 |
| Total loans | 170,232,000 | 186,412,000 | 176,936,000 | 182,671,000 |
| Allowance for loan losses | 2,493,000 | 2,491,000 | 2,537,000 | 2,586,000 |
| Securities available for sale | 42,816,000 | 41,073,000 | 37,674,000 | 44,431,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 213,385,000 | 218,507,000 | 232,256,000 | 236,961,000 |
| Interest-bearing deposits | 185,869,000 | 192,096,000 | 199,412,000 | 204,483,000 |
| Noninterest-bearing deposits | 27,516,000 | 26,411,000 | 32,844,000 | 32,478,000 |
| Equity capital | 24,584,000 | 25,224,000 | 25,888,000 | 25,875,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 4,974,000 | 9,975,000 | 15,049,000 | 19,900,000 |
| Interest expense | 2,544,000 | 4,974,000 | 7,297,000 | 9,316,000 |
| Net interest income | 2,430,000 | 5,001,000 | 7,752,000 | 10,584,000 |
| Noninterest income | 576,000 | 1,186,000 | 1,885,000 | 2,344,000 |
| Noninterest expense | 1,709,000 | 3,447,000 | 5,181,000 | 7,008,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 240,000 |
| Pretax income | 1,237,000 | 2,618,000 | 4,414,000 | 5,818,000 |
| Income tax | 60,000 | 126,000 | 211,000 | 240,000 |
| Net income | 1,177,000 | 2,492,000 | 4,203,000 | 5,578,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,490,000 | 24,166,000 | 24,586,000 | 25,022,000 |
| Total capital | 25,818,000 | 26,657,000 | 26,961,000 | 27,496,000 |
| Risk-weighted assets | 186,114,000 | 200,571,000 | 189,877,000 | 197,801,000 |