Call reports 2005
FIRST WESTERN BANK STURGIS, THE — 2005
What FIRST WESTERN BANK STURGIS, THE reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 322,894,000 | 335,187,000 | 338,407,000 | 361,157,000 |
| Total loans | 255,513,000 | 270,569,000 | 269,797,000 | 270,644,000 |
| Allowance for loan losses | 2,885,000 | 2,941,000 | 3,288,000 | 3,239,000 |
| Securities available for sale | 46,741,000 | 43,791,000 | 43,529,000 | 46,988,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 286,879,000 | 301,471,000 | 303,055,000 | 324,290,000 |
| Interest-bearing deposits | 242,093,000 | 248,660,000 | 251,993,000 | 273,424,000 |
| Noninterest-bearing deposits | 44,786,000 | 52,811,000 | 51,062,000 | 50,866,000 |
| Equity capital | 32,142,000 | 31,316,000 | 31,881,000 | 31,738,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 4,831,000 | 9,950,000 | 15,299,000 | 20,865,000 |
| Interest expense | 1,475,000 | 3,074,000 | 4,832,000 | 6,828,000 |
| Net interest income | 3,356,000 | 6,876,000 | 10,467,000 | 14,037,000 |
| Noninterest income | 603,000 | 1,224,000 | 2,228,000 | 2,828,000 |
| Noninterest expense | 1,940,000 | 3,815,000 | 5,786,000 | 8,031,000 |
| Provision for loan losses | 60,000 | 120,000 | 465,000 | 525,000 |
| Pretax income | 1,959,000 | 4,169,000 | 6,448,000 | 8,313,000 |
| Income tax | 83,000 | 176,000 | 281,000 | 349,000 |
| Net income | 1,876,000 | 3,993,000 | 6,167,000 | 7,964,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,095,000 | 31,162,000 | 31,869,000 | 31,946,000 |
| Total capital | 34,980,000 | 34,103,000 | 35,157,000 | 35,185,000 |
| Risk-weighted assets | 268,084,000 | 280,450,000 | 284,163,000 | 292,558,000 |