Call reports 2010
FIRST WESTERN BANK & TRUST — 2010
What FIRST WESTERN BANK & TRUST reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 42,320,000 | 44,597,000 | 47,573,000 | 45,778,000 |
| Total loans | 36,382,000 | 37,515,000 | 34,020,000 | 32,750,000 |
| Allowance for loan losses | 1,693,000 | 1,956,000 | 756,000 | 575,000 |
| Securities available for sale | 852,000 | 0 | 0 | 0 |
| Securities held to maturity | 735,000 | 736,000 | 736,000 | 736,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 29,673,000 | 32,127,000 | 35,656,000 | 34,157,000 |
| Interest-bearing deposits | 29,307,000 | 31,534,000 | 34,810,000 | 33,380,000 |
| Noninterest-bearing deposits | 367,000 | 593,000 | 847,000 | 777,000 |
| Equity capital | 10,080,000 | 9,920,000 | 9,921,000 | 9,597,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 486,000 | 1,000,000 | 1,586,000 | 2,097,000 |
| Interest expense | 169,000 | 343,000 | 513,000 | 669,000 |
| Net interest income | 317,000 | 657,000 | 1,073,000 | 1,428,000 |
| Noninterest income | 8,000 | 15,000 | 25,000 | 33,000 |
| Noninterest expense | 312,000 | 633,000 | 938,000 | 1,264,000 |
| Provision for loan losses | 45,000 | 335,000 | 455,000 | 1,016,000 |
| Pretax income | -32,000 | -296,000 | -295,000 | -819,000 |
| Income tax | -11,000 | -115,000 | -115,000 | -316,000 |
| Net income | -21,000 | -181,000 | -180,000 | -503,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,080,000 | 9,920,000 | 9,921,000 | 9,597,000 |
| Total capital | 10,583,000 | 10,432,000 | 10,411,000 | 10,065,000 |
| Risk-weighted assets | 38,986,000 | 39,553,000 | 38,464,000 | 37,318,000 |