Call reports 2022
FIRST WESTERN FEDERAL SAVINGS BANK — 2022
What FIRST WESTERN FEDERAL SAVINGS BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 63,066,000 | 64,358,000 | 68,263,000 | 68,688,000 |
| Total loans | 59,029,000 | 59,875,000 | 63,095,000 | 63,691,000 |
| Allowance for loan losses | 389,000 | 389,000 | 389,000 | 389,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 4,000 | 3,000 | 3,000 | 3,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 47,748,000 | 47,530,000 | 44,093,000 | 43,537,000 |
| Interest-bearing deposits | 43,677,000 | 42,935,000 | 39,001,000 | 40,319,000 |
| Noninterest-bearing deposits | 4,071,000 | 4,595,000 | 5,092,000 | 3,218,000 |
| Equity capital | 9,831,000 | 9,971,000 | 10,070,000 | 10,111,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 892,000 | 1,895,000 | 2,912,000 | 3,945,000 |
| Interest expense | 32,000 | 92,000 | 238,000 | 565,000 |
| Net interest income | 860,000 | 1,803,000 | 2,674,000 | 3,380,000 |
| Noninterest income | 1,000 | 2,000 | 6,000 | 10,000 |
| Noninterest expense | 388,000 | 838,000 | 1,265,000 | 1,670,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 473,000 | 967,000 | 1,415,000 | 1,720,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 473,000 | 967,000 | 1,415,000 | 1,720,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,831,000 | 9,971,000 | 10,070,000 | 10,111,000 |