Call reports 2010
WESTBRIDGE BANK & TRUST COMPANY — 2010
What WESTBRIDGE BANK & TRUST COMPANY reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 |
|---|---|---|---|
| Total assets | 98,380,000 | 91,448,000 | 87,782,000 |
| Total loans | 71,665,000 | 68,610,000 | 63,785,000 |
| Allowance for loan losses | 2,782,000 | 2,727,000 | 3,165,000 |
| Securities available for sale | 11,347,000 | 11,461,000 | 11,102,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 78,497,000 | 72,462,000 | 70,131,000 |
| Interest-bearing deposits | 73,118,000 | 67,150,000 | 66,476,000 |
| Noninterest-bearing deposits | 5,379,000 | 5,312,000 | 3,656,000 |
| Equity capital | 2,203,000 | 1,340,000 | 25,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 |
|---|---|---|---|
| Interest income | 1,217,000 | 2,374,000 | 3,470,000 |
| Interest expense | 587,000 | 1,123,000 | 1,620,000 |
| Net interest income | 630,000 | 1,251,000 | 1,850,000 |
| Noninterest income | -39,000 | -25,000 | -480,000 |
| Noninterest expense | 1,010,000 | 2,216,000 | 3,153,000 |
| Provision for loan losses | 731,000 | 1,156,000 | 1,721,000 |
| Pretax income | -1,150,000 | -2,101,000 | -3,459,000 |
| Income tax | 0 | 0 | 0 |
| Net income | -1,150,000 | -2,101,000 | -3,459,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 |
|---|---|---|---|
| Tier 1 capital | 2,212,000 | 1,348,000 | -10,000 |
| Total capital | 3,186,000 | 2,267,000 | -10,000 |
| Risk-weighted assets | 76,144,000 | 71,555,000 | 65,708,000 |