Call reports 2007
WESTBRIDGE BANK & TRUST COMPANY — 2007
What WESTBRIDGE BANK & TRUST COMPANY 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 | 84,360,000 | 91,766,000 | 103,487,000 | 105,069,000 |
| Total loans | 74,766,000 | 86,596,000 | 89,489,000 | 101,480,000 |
| Allowance for loan losses | 791,000 | 1,027,000 | 1,113,000 | 2,253,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 72,256,000 | 79,731,000 | 91,185,000 | 93,642,000 |
| Interest-bearing deposits | 69,870,000 | 76,780,000 | 87,008,000 | 89,260,000 |
| Noninterest-bearing deposits | 2,386,000 | 2,951,000 | 4,177,000 | 4,382,000 |
| Equity capital | 11,674,000 | 11,600,000 | 11,629,000 | 10,844,000 |
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 | 1,691,000 | 3,545,000 | 5,686,000 | 7,675,000 |
| Interest expense | 942,000 | 1,910,000 | 3,043,000 | 4,179,000 |
| Net interest income | 749,000 | 1,635,000 | 2,643,000 | 3,496,000 |
| Noninterest income | 436,000 | 736,000 | 842,000 | 872,000 |
| Noninterest expense | 1,032,000 | 2,078,000 | 3,048,000 | 4,194,000 |
| Provision for loan losses | 84,000 | 320,000 | 406,000 | 1,546,000 |
| Pretax income | 69,000 | -27,000 | 31,000 | -1,372,000 |
| Income tax | 21,000 | -1,000 | 28,000 | -524,000 |
| Net income | 48,000 | -26,000 | 3,000 | -848,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,674,000 | 11,600,000 | 11,629,000 | 10,844,000 |
| Total capital | 12,465,000 | 12,627,000 | 12,742,000 | 12,101,000 |
| Risk-weighted assets | 72,431,000 | 82,447,000 | 91,027,000 | 99,604,000 |