Call reports 2009
WESTBRIDGE BANK & TRUST COMPANY — 2009
What WESTBRIDGE BANK & TRUST COMPANY reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 128,067,000 | 121,353,000 | 111,205,000 | 102,567,000 |
| Total loans | 98,146,000 | 91,991,000 | 86,210,000 | 78,402,000 |
| Allowance for loan losses | 2,898,000 | 2,882,000 | 2,695,000 | 2,674,000 |
| Securities available for sale | 11,044,000 | 10,945,000 | 11,070,000 | 10,982,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 99,904,000 | 94,772,000 | 87,926,000 | 80,530,000 |
| Interest-bearing deposits | 95,389,000 | 91,500,000 | 84,286,000 | 77,222,000 |
| Noninterest-bearing deposits | 4,515,000 | 3,272,000 | 3,640,000 | 3,308,000 |
| Equity capital | 6,709,000 | 5,142,000 | 4,538,000 | 3,347,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 1,598,000 | 3,153,000 | 4,711,000 | 6,048,000 |
| Interest expense | 1,044,000 | 1,936,000 | 2,766,000 | 3,438,000 |
| Net interest income | 554,000 | 1,217,000 | 1,945,000 | 2,610,000 |
| Noninterest income | -284,000 | -401,000 | -586,000 | -668,000 |
| Noninterest expense | 1,264,000 | 2,676,000 | 3,755,000 | 5,052,000 |
| Provision for loan losses | 484,000 | 1,094,000 | 1,294,000 | 1,746,000 |
| Pretax income | -1,478,000 | -2,954,000 | -3,690,000 | -4,856,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -1,478,000 | -2,954,000 | -3,690,000 | -4,856,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,689,000 | 5,213,000 | 4,477,000 | 3,362,000 |
| Total capital | 7,983,000 | 6,437,000 | 5,624,000 | 4,416,000 |
| Risk-weighted assets | 101,893,000 | 96,299,000 | 90,284,000 | 82,686,000 |