Call reports 2006
FIRST WESTERN BANK STURGIS, THE — 2006
What FIRST WESTERN BANK STURGIS, THE reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 356,839,000 | 375,573,000 | 387,110,000 | 389,134,000 |
| Total loans | 285,443,000 | 303,113,000 | 312,097,000 | 303,705,000 |
| Allowance for loan losses | 3,222,000 | 3,220,000 | 3,112,000 | 3,118,000 |
| Securities available for sale | 46,918,000 | 45,882,000 | 47,281,000 | 46,942,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 320,543,000 | 326,873,000 | 336,950,000 | 349,400,000 |
| Interest-bearing deposits | 270,846,000 | 273,351,000 | 282,001,000 | 296,889,000 |
| Noninterest-bearing deposits | 49,697,000 | 53,522,000 | 54,949,000 | 52,511,000 |
| Equity capital | 33,206,000 | 32,798,000 | 34,548,000 | 35,376,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 5,746,000 | 11,917,000 | 18,444,000 | 25,267,000 |
| Interest expense | 2,098,000 | 4,556,000 | 7,284,000 | 10,112,000 |
| Net interest income | 3,648,000 | 7,361,000 | 11,160,000 | 15,155,000 |
| Noninterest income | 612,000 | 1,304,000 | 1,969,000 | 2,648,000 |
| Noninterest expense | 2,056,000 | 4,066,000 | 6,244,000 | 8,502,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 2,204,000 | 4,599,000 | 6,896,000 | 9,312,000 |
| Income tax | 87,000 | 191,000 | 282,000 | 364,000 |
| Net income | 2,117,000 | 4,408,000 | 6,614,000 | 8,948,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,508,000 | 33,480,000 | 34,927,000 | 35,537,000 |
| Total capital | 36,730,000 | 36,700,000 | 38,039,000 | 38,655,000 |
| Risk-weighted assets | 305,473,000 | 335,692,000 | 337,098,000 | 331,137,000 |