Call reports 2004
FIRST WESTERN BANK STURGIS, THE — 2004
What FIRST WESTERN BANK STURGIS, THE reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 301,214,000 | 317,783,000 | 330,837,000 | 336,333,000 |
| Total loans | 219,603,000 | 238,135,000 | 242,929,000 | 244,396,000 |
| Allowance for loan losses | 2,631,000 | 2,755,000 | 2,805,000 | 2,828,000 |
| Securities available for sale | 55,663,000 | 48,315,000 | 47,689,000 | 52,590,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 268,348,000 | 286,024,000 | 297,028,000 | 302,074,000 |
| Interest-bearing deposits | 228,056,000 | 239,178,000 | 247,123,000 | 253,617,000 |
| Noninterest-bearing deposits | 40,292,000 | 46,846,000 | 49,905,000 | 48,457,000 |
| Equity capital | 31,270,000 | 30,108,000 | 31,499,000 | 32,041,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 4,265,000 | 8,682,000 | 13,318,000 | 18,170,000 |
| Interest expense | 1,198,000 | 2,428,000 | 3,754,000 | 5,192,000 |
| Net interest income | 3,067,000 | 6,254,000 | 9,564,000 | 12,978,000 |
| Noninterest income | 552,000 | 1,151,000 | 1,772,000 | 2,423,000 |
| Noninterest expense | 1,925,000 | 3,821,000 | 5,744,000 | 7,843,000 |
| Provision for loan losses | 60,000 | 200,000 | 260,000 | 320,000 |
| Pretax income | 1,636,000 | 3,463,000 | 5,411,000 | 7,317,000 |
| Income tax | 70,000 | 163,000 | 246,000 | 325,000 |
| Net income | 1,566,000 | 3,300,000 | 5,165,000 | 6,992,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,065,000 | 29,899,000 | 30,914,000 | 31,541,000 |
| Total capital | 32,696,000 | 32,654,000 | 33,719,000 | 34,369,000 |
| Risk-weighted assets | 239,008,000 | 251,161,000 | 261,374,000 | 259,120,000 |