Call reports 2008
WESTERNBANK PUERTO RICO — 2008
What WESTERNBANK PUERTO RICO 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 | 15,870,983,000 | 16,988,265,000 | 16,329,158,000 | 15,221,770,000 |
| Total loans | 9,406,378,000 | 9,322,420,000 | 9,201,216,000 | 8,968,677,000 |
| Allowance for loan losses | 338,968,000 | 327,902,000 | 329,362,000 | 282,089,000 |
| Securities available for sale | 1,388,346,000 | 3,842,000,000 | 3,766,826,000 | 3,667,329,000 |
| Securities held to maturity | 3,953,865,000 | 2,732,433,000 | 2,086,388,000 | 988,059,000 |
| Trading assets | 31,902,000 | 17,134,000 | 15,337,000 | 18,371,000 |
| Total deposits | 10,201,580,000 | 10,699,000,000 | 10,928,822,000 | 10,904,823,000 |
| Interest-bearing deposits | 9,750,485,000 | 10,261,552,000 | 10,525,415,000 | 10,542,337,000 |
| Noninterest-bearing deposits | 451,095,000 | 437,448,000 | 403,407,000 | 362,486,000 |
| Equity capital | 993,826,000 | 888,568,000 | 860,512,000 | 899,442,000 |
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 | 223,538,000 | 423,889,000 | 628,733,000 | 811,128,000 |
| Interest expense | 179,111,000 | 345,788,000 | 511,439,000 | 664,967,000 |
| Net interest income | 44,427,000 | 78,101,000 | 117,294,000 | 146,161,000 |
| Noninterest income | 8,662,000 | 33,851,000 | 44,577,000 | 52,932,000 |
| Noninterest expense | 43,679,000 | 83,680,000 | 127,707,000 | 186,845,000 |
| Provision for loan losses | 14,957,000 | 29,303,000 | 44,686,000 | 67,506,000 |
| Pretax income | -4,439,000 | -1,087,000 | -13,389,000 | -57,870,000 |
| Income tax | -37,427,000 | -35,276,000 | -37,347,000 | -54,553,000 |
| Net income | 32,988,000 | 34,189,000 | 23,958,000 | -3,317,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 894,135,000 | 886,427,000 | 869,812,000 | 815,344,000 |
| Total capital | 1,028,048,000 | 1,014,258,000 | 996,473,000 | 933,041,000 |
| Risk-weighted assets | 10,508,005,000 | 10,038,665,000 | 9,930,168,000 | 9,251,376,000 |