Call reports 2008
FIRST WESTERN BANK & TRUST — 2008
What FIRST WESTERN BANK & TRUST reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 21,284,000 | 27,244,000 | 32,617,000 | 35,580,000 |
| Total loans | 16,343,000 | 23,357,000 | 26,791,000 | 28,550,000 |
| Allowance for loan losses | 198,000 | 254,000 | 326,000 | 398,000 |
| Securities available for sale | 992,000 | 865,000 | 752,000 | 654,000 |
| Securities held to maturity | 0 | 0 | 1,223,000 | 1,223,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 9,881,000 | 14,170,000 | 19,598,000 | 22,491,000 |
| Interest-bearing deposits | 9,761,000 | 14,064,000 | 19,393,000 | 22,175,000 |
| Noninterest-bearing deposits | 121,000 | 107,000 | 205,000 | 316,000 |
| Equity capital | 10,158,000 | 10,087,000 | 10,025,000 | 9,971,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 283,000 | 604,000 | 1,026,000 | 1,514,000 |
| Interest expense | 97,000 | 231,000 | 423,000 | 636,000 |
| Net interest income | 186,000 | 373,000 | 603,000 | 878,000 |
| Noninterest income | 16,000 | 18,000 | 24,000 | 40,000 |
| Noninterest expense | 262,000 | 503,000 | 761,000 | 1,067,000 |
| Provision for loan losses | 39,000 | 95,000 | 167,000 | 239,000 |
| Pretax income | -99,000 | -207,000 | -301,000 | -388,000 |
| Income tax | -38,000 | -76,000 | -110,000 | -143,000 |
| Net income | -61,000 | -131,000 | -191,000 | -245,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,150,000 | 10,081,000 | 10,020,000 | 9,967,000 |
| Total capital | 10,348,000 | 10,335,000 | 10,346,000 | 10,365,000 |
| Risk-weighted assets | 17,980,000 | 25,370,000 | 30,079,000 | 32,065,000 |