Call reports 2004
WEST SHORE BANK — 2004
What WEST SHORE BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 292,354,000 | 297,827,000 | 308,604,000 | 302,767,000 |
| Total loans | 173,948,000 | 184,344,000 | 187,030,000 | 193,023,000 |
| Allowance for loan losses | 2,415,000 | 2,495,000 | 2,580,000 | 2,516,000 |
| Securities available for sale | 56,740,000 | 57,424,000 | 55,616,000 | 55,946,000 |
| Securities held to maturity | 25,294,000 | 24,838,000 | 24,285,000 | 24,466,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 226,715,000 | 230,539,000 | 239,211,000 | 234,368,000 |
| Interest-bearing deposits | 208,569,000 | 210,580,000 | 218,524,000 | 213,821,000 |
| Noninterest-bearing deposits | 18,146,000 | 19,959,000 | 20,687,000 | 20,547,000 |
| Equity capital | 23,110,000 | 22,233,000 | 23,797,000 | 24,245,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 3,612,000 | 7,272,000 | 11,097,000 | 15,063,000 |
| Interest expense | 1,285,000 | 2,596,000 | 3,889,000 | 5,234,000 |
| Net interest income | 2,327,000 | 4,676,000 | 7,208,000 | 9,829,000 |
| Noninterest income | 388,000 | 764,000 | 1,147,000 | 1,525,000 |
| Noninterest expense | 1,772,000 | 3,536,000 | 5,270,000 | 6,768,000 |
| Provision for loan losses | 125,000 | 250,000 | 375,000 | 380,000 |
| Pretax income | 818,000 | 1,654,000 | 2,710,000 | 4,206,000 |
| Income tax | 175,000 | 319,000 | 564,000 | 1,002,000 |
| Net income | 643,000 | 1,335,000 | 2,146,000 | 3,204,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,572,000 | 22,756,000 | 23,567,000 | 24,180,000 |
| Total capital | 24,901,000 | 25,099,000 | 26,088,000 | 26,650,000 |
| Risk-weighted assets | 186,367,000 | 187,292,000 | 201,600,000 | 197,638,000 |