Call reports 2020
FIRST WESTERN FEDERAL SAVINGS BANK — 2020
What FIRST WESTERN FEDERAL SAVINGS BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 60,934,000 | 63,509,000 | 59,722,000 | 59,902,000 |
| Total loans | 56,487,000 | 57,397,000 | 55,942,000 | 55,443,000 |
| Allowance for loan losses | 389,000 | 389,000 | 389,000 | 389,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 8,000 | 7,000 | 7,000 | 6,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,131,000 | 45,811,000 | 44,011,000 | 38,993,000 |
| Interest-bearing deposits | 41,096,000 | 41,689,000 | 39,407,000 | 34,796,000 |
| Noninterest-bearing deposits | 4,035,000 | 4,122,000 | 4,604,000 | 4,197,000 |
| Equity capital | 8,882,000 | 9,023,000 | 9,127,000 | 9,233,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 967,000 | 1,941,000 | 2,870,000 | 3,782,000 |
| Interest expense | 227,000 | 407,000 | 532,000 | 615,000 |
| Net interest income | 740,000 | 1,534,000 | 2,338,000 | 3,167,000 |
| Noninterest income | 1,000 | 1,000 | 2,000 | 3,000 |
| Noninterest expense | 408,000 | 808,000 | 1,191,000 | 1,588,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 333,000 | 727,000 | 1,149,000 | 1,582,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 333,000 | 727,000 | 1,149,000 | 1,582,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,882,000 | 9,023,000 | 9,127,000 | 9,233,000 |
| Total capital | 9,271,000 | 9,412,000 | 9,508,000 | — |
| Risk-weighted assets | 31,715,000 | 31,435,000 | 30,507,000 | — |