Call reports 2006
WESTBRIDGE BANK & TRUST COMPANY — 2006
What WESTBRIDGE BANK & TRUST COMPANY 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 | 19,154,000 | 54,003,000 | 64,860,000 | 86,794,000 |
| Total loans | 8,993,000 | 47,744,000 | 57,540,000 | 64,472,000 |
| Allowance for loan losses | 93,000 | 476,000 | 586,000 | 707,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 7,013,000 | 42,073,000 | 52,929,000 | 74,722,000 |
| Interest-bearing deposits | 5,343,000 | 38,707,000 | 50,688,000 | 71,531,000 |
| Noninterest-bearing deposits | 1,670,000 | 3,366,000 | 2,241,000 | 3,191,000 |
| Equity capital | 12,076,000 | 11,798,000 | 11,838,000 | 11,626,000 |
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 | 481,000 | 1,105,000 | 2,389,000 | 3,967,000 |
| Interest expense | 16,000 | 293,000 | 911,000 | 1,820,000 |
| Net interest income | 465,000 | 812,000 | 1,478,000 | 2,147,000 |
| Noninterest income | 0 | 212,000 | 435,000 | 751,000 |
| Noninterest expense | 1,046,000 | 1,708,000 | 2,411,000 | 3,701,000 |
| Provision for loan losses | 93,000 | 476,000 | 586,000 | 707,000 |
| Pretax income | -674,000 | -1,160,000 | -1,084,000 | -1,510,000 |
| Income tax | -250,000 | -458,000 | -422,000 | -588,000 |
| Net income | -424,000 | -702,000 | -662,000 | -922,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,076,000 | 11,798,000 | 11,838,000 | 11,626,000 |
| Total capital | 12,169,000 | 12,274,000 | 12,424,000 | 12,333,000 |
| Risk-weighted assets | 10,780,000 | 45,363,000 | 56,415,000 | 65,423,000 |