Call reports 2023
FIRST WESTERN FEDERAL SAVINGS BANK — 2023
What FIRST WESTERN FEDERAL SAVINGS BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 68,220,000 | 67,215,000 | 65,735,000 | 65,157,000 |
| Total loans | 63,998,000 | 62,478,000 | 60,975,000 | 60,573,000 |
| Allowance for loan losses | 389,000 | 389,000 | 389,000 | 389,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 3,000 | 2,000 | 2,000 | 2,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,796,000 | 44,314,000 | 42,440,000 | 42,611,000 |
| Interest-bearing deposits | 41,733,000 | 40,616,000 | 38,772,000 | 39,536,000 |
| Noninterest-bearing deposits | 3,063,000 | 3,698,000 | 3,668,000 | 3,075,000 |
| Equity capital | 10,126,000 | 10,232,000 | 10,236,000 | 10,316,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 1,083,000 | 2,229,000 | 3,336,000 | 4,432,000 |
| Interest expense | 441,000 | 955,000 | 1,473,000 | 2,000,000 |
| Net interest income | 642,000 | 1,274,000 | 1,863,000 | 2,432,000 |
| Noninterest income | 1,000 | 3,000 | 3,000 | 4,000 |
| Noninterest expense | 445,000 | 851,000 | 1,277,000 | 1,664,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 198,000 | 426,000 | 589,000 | 772,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 198,000 | 426,000 | 589,000 | 772,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,125,000 | 10,232,000 | 10,236,000 | 10,316,000 |