Call reports 2020
WESTERN STATES BANK — 2020
What WESTERN STATES 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 | 468,357,000 | 536,840,000 | 544,556,000 | 526,357,000 |
| Total loans | 339,113,000 | 379,637,000 | 381,506,000 | 369,059,000 |
| Allowance for loan losses | 5,777,000 | 5,739,000 | 5,815,000 | 6,425,000 |
| Securities available for sale | 48,538,000 | 48,356,000 | 49,278,000 | 54,953,000 |
| Securities held to maturity | 11,012,000 | 10,407,000 | 10,248,000 | 10,090,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 406,865,000 | 472,550,000 | 479,068,000 | 472,902,000 |
| Interest-bearing deposits | 299,059,000 | 341,056,000 | 340,475,000 | 331,231,000 |
| Noninterest-bearing deposits | 107,806,000 | 131,494,000 | 138,593,000 | 141,671,000 |
| Equity capital | 60,520,000 | 62,891,000 | 64,044,000 | 51,981,000 |
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 | 5,070,000 | 11,546,000 | 16,451,000 | 21,349,000 |
| Interest expense | 756,000 | 1,361,000 | 1,906,000 | 2,383,000 |
| Net interest income | 4,314,000 | 10,185,000 | 14,545,000 | 18,966,000 |
| Noninterest income | 428,000 | 814,000 | 1,234,000 | 1,509,000 |
| Noninterest expense | 3,603,000 | 7,139,000 | 10,572,000 | 14,033,000 |
| Provision for loan losses | 0 | 100,000 | 175,000 | 250,000 |
| Pretax income | 1,139,000 | 3,760,000 | 5,032,000 | 6,192,000 |
| Income tax | 187,000 | 707,000 | 907,000 | 1,040,000 |
| Net income | 952,000 | 3,053,000 | 4,125,000 | 5,152,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 58,758,000 | 60,839,000 | 61,910,000 | 49,829,000 |
| Total capital | 63,490,000 | — | — | — |
| Risk-weighted assets | 377,531,000 | — | — | — |