Call reports 2007
WESTERN STATES BANK — 2007
What WESTERN STATES BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 15,816,000 | 21,257,000 | 23,014,000 | 108,715,000 |
| Total loans | 6,128,000 | 8,357,000 | 12,702,000 | 54,578,000 |
| Allowance for loan losses | 148,000 | 158,000 | 170,000 | 869,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 50,000 | 50,000 | 50,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 10,643,000 | 16,267,000 | 18,323,000 | 94,052,000 |
| Interest-bearing deposits | 9,625,000 | 14,021,000 | 15,943,000 | 79,235,000 |
| Noninterest-bearing deposits | 1,018,000 | 2,246,000 | 2,380,000 | 14,817,000 |
| Equity capital | 5,085,000 | 4,922,000 | 4,608,000 | 13,883,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 203,000 | 500,000 | 850,000 | 2,157,000 |
| Interest expense | 82,000 | 213,000 | 378,000 | 965,000 |
| Net interest income | 121,000 | 287,000 | 472,000 | 1,192,000 |
| Noninterest income | 0 | 1,000 | 2,000 | 22,000 |
| Noninterest expense | 311,000 | 630,000 | 1,119,000 | 2,751,000 |
| Provision for loan losses | 11,000 | 23,000 | 34,000 | 60,000 |
| Pretax income | -201,000 | -365,000 | -679,000 | -1,597,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -201,000 | -365,000 | -679,000 | -1,597,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,085,000 | 4,922,000 | 4,608,000 | 8,736,000 |
| Total capital | 5,181,000 | 5,024,000 | 4,718,000 | 9,562,000 |
| Risk-weighted assets | 7,642,000 | 10,336,000 | 13,964,000 | 66,028,000 |