Call reports 2002
WESTERNBANK PUERTO RICO — 2002
What WESTERNBANK PUERTO RICO reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 6,723,622,000 | 6,978,040,000 | 7,902,490,000 | 8,187,573,000 |
| Total loans | 2,997,345,000 | 3,267,252,000 | 3,504,985,000 | 3,808,917,000 |
| Allowance for loan losses | 41,331,000 | 43,508,000 | 46,058,000 | 47,114,000 |
| Securities available for sale | 720,206,000 | 513,933,000 | 271,603,000 | 160,887,000 |
| Securities held to maturity | 2,599,616,000 | 2,638,276,000 | 3,470,908,000 | 3,486,849,000 |
| Trading assets | 90,000 | 40,983,000 | 0 | 0 |
| Total deposits | 3,360,192,000 | 3,778,075,000 | 3,906,227,000 | 4,285,629,000 |
| Interest-bearing deposits | 3,207,176,000 | 3,603,265,000 | 3,746,854,000 | 4,087,930,000 |
| Noninterest-bearing deposits | 153,016,000 | 174,810,000 | 159,373,000 | 197,699,000 |
| Equity capital | 377,295,000 | 395,110,000 | 507,871,000 | 567,285,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 89,053,000 | 184,004,000 | 283,499,000 | 388,208,000 |
| Interest expense | 51,666,000 | 106,221,000 | 162,349,000 | 218,809,000 |
| Net interest income | 37,387,000 | 77,783,000 | 121,150,000 | 169,399,000 |
| Noninterest income | 4,895,000 | 8,375,000 | 13,030,000 | 18,483,000 |
| Noninterest expense | 16,678,000 | 34,230,000 | 53,645,000 | 73,327,000 |
| Provision for loan losses | 3,624,000 | 7,091,000 | 10,919,000 | 15,083,000 |
| Pretax income | 21,980,000 | 45,785,000 | 71,209,000 | 100,982,000 |
| Income tax | 4,168,000 | 7,993,000 | 10,972,000 | 15,636,000 |
| Net income | 17,812,000 | 37,792,000 | 60,237,000 | 85,346,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 380,599,000 | 393,930,000 | 507,323,000 | 566,460,000 |
| Total capital | 421,930,000 | 437,438,000 | 553,381,000 | 613,574,000 |
| Risk-weighted assets | 3,683,618,000 | 3,995,107,000 | 4,196,931,000 | 4,553,219,000 |