Call reports 2007
FIRST WESTERN BANK STURGIS, THE — 2007
What FIRST WESTERN BANK STURGIS, THE reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 391,402,000 | 394,941,000 | 407,673,000 | 413,686,000 |
| Total loans | 311,882,000 | 324,274,000 | 328,436,000 | 318,124,000 |
| Allowance for loan losses | 3,182,000 | 3,245,000 | 3,302,000 | 7,387,000 |
| Securities available for sale | 44,568,000 | 41,069,000 | 41,073,000 | 44,604,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 350,767,000 | 354,369,000 | 365,431,000 | 372,398,000 |
| Interest-bearing deposits | 299,922,000 | 295,775,000 | 304,219,000 | 312,577,000 |
| Noninterest-bearing deposits | 50,845,000 | 58,594,000 | 61,212,000 | 59,821,000 |
| Equity capital | 36,431,000 | 36,157,000 | 37,803,000 | 36,513,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 6,942,000 | 14,095,000 | 21,535,000 | 28,967,000 |
| Interest expense | 2,859,000 | 5,870,000 | 8,960,000 | 12,050,000 |
| Net interest income | 4,083,000 | 8,225,000 | 12,575,000 | 16,917,000 |
| Noninterest income | 655,000 | 1,322,000 | 2,078,000 | 2,770,000 |
| Noninterest expense | 2,094,000 | 4,110,000 | 6,315,000 | 8,914,000 |
| Provision for loan losses | 75,000 | 150,000 | 225,000 | 4,325,000 |
| Pretax income | 2,569,000 | 5,287,000 | 8,113,000 | 6,448,000 |
| Income tax | 102,000 | 207,000 | 334,000 | 427,000 |
| Net income | 2,467,000 | 5,080,000 | 7,779,000 | 6,021,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,522,000 | 36,812,000 | 37,956,000 | 36,198,000 |
| Total capital | 39,704,000 | 40,057,000 | 41,258,000 | 40,574,000 |
| Risk-weighted assets | 344,279,000 | 353,133,000 | 357,295,000 | 347,080,000 |