Call reports 2024
FIRST WESTERN FEDERAL SAVINGS BANK — 2024
What FIRST WESTERN FEDERAL SAVINGS BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 64,047,000 | 62,274,000 | 63,476,000 | 64,211,000 |
| Total loans | 59,486,000 | 58,166,000 | 58,558,000 | 57,271,000 |
| Allowance for loan losses | 389,000 | 389,000 | 389,000 | 389,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 2,000 | 2,000 | 1,000 | 1,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 40,618,000 | 41,244,000 | 43,602,000 | 44,233,000 |
| Interest-bearing deposits | 37,152,000 | 37,583,000 | 39,977,000 | 41,358,000 |
| Noninterest-bearing deposits | 3,466,000 | 3,661,000 | 3,625,000 | 2,875,000 |
| Equity capital | 10,319,000 | 10,461,000 | 10,519,000 | 10,568,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 1,109,000 | 2,245,000 | 3,405,000 | 4,603,000 |
| Interest expense | 532,000 | 1,032,000 | 1,532,000 | 2,062,000 |
| Net interest income | 577,000 | 1,213,000 | 1,873,000 | 2,541,000 |
| Noninterest income | 1,000 | 1,000 | 2,000 | 2,000 |
| Noninterest expense | 427,000 | 831,000 | 1,249,000 | 1,655,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 151,000 | 383,000 | 626,000 | 888,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 151,000 | 383,000 | 626,000 | 888,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,319,000 | 10,461,000 | 10,519,000 | 10,568,000 |