Call reports 2008
SOUTHWESTUSA BANK — 2008
What SOUTHWESTUSA BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 166,419,000 | 181,959,000 | 196,860,000 | 223,131,000 |
| Total loans | 154,991,000 | 171,980,000 | 175,319,000 | 183,508,000 |
| Allowance for loan losses | 1,804,000 | 1,652,000 | 1,859,000 | 2,335,000 |
| Securities available for sale | 4,455,000 | 2,903,000 | 1,174,000 | 10,160,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 138,244,000 | 144,255,000 | 159,177,000 | 179,417,000 |
| Interest-bearing deposits | 120,749,000 | 127,720,000 | 141,418,000 | 163,191,000 |
| Noninterest-bearing deposits | 17,495,000 | 16,535,000 | 17,759,000 | 16,226,000 |
| Equity capital | 26,318,000 | 25,724,000 | 25,647,000 | 25,394,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 3,288,000 | 6,585,000 | 9,689,000 | 12,732,000 |
| Interest expense | 1,171,000 | 2,468,000 | 3,903,000 | 5,361,000 |
| Net interest income | 2,117,000 | 4,117,000 | 5,786,000 | 7,371,000 |
| Noninterest income | 70,000 | 74,000 | 182,000 | 12,000 |
| Noninterest expense | 1,866,000 | 3,529,000 | 5,029,000 | 6,291,000 |
| Provision for loan losses | 110,000 | 230,000 | 325,000 | 843,000 |
| Pretax income | 211,000 | 432,000 | 614,000 | 249,000 |
| Income tax | 62,000 | 145,000 | 209,000 | 45,000 |
| Net income | 149,000 | 287,000 | 405,000 | 204,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,268,000 | 25,707,000 | 25,645,000 | 25,393,000 |
| Total capital | 28,189,000 | 27,461,000 | 27,506,000 | 27,728,000 |
| Risk-weighted assets | 158,452,000 | 176,397,000 | 180,273,000 | 187,917,000 |