Call reports 2008
WEST SHORE BANK — 2008
What WEST SHORE BANK 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 | 305,138,000 | 317,475,000 | 326,987,000 | 323,954,000 |
| Total loans | 222,304,000 | 226,689,000 | 231,533,000 | 227,716,000 |
| Allowance for loan losses | 2,557,000 | 2,497,000 | 2,459,000 | 2,699,000 |
| Securities available for sale | 56,594,000 | 60,945,000 | 61,119,000 | 62,097,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 224,254,000 | 227,060,000 | 232,483,000 | 234,224,000 |
| Interest-bearing deposits | 206,742,000 | 206,470,000 | 208,844,000 | 215,460,000 |
| Noninterest-bearing deposits | 17,512,000 | 20,590,000 | 23,639,000 | 18,765,000 |
| Equity capital | 26,533,000 | 25,437,000 | 26,386,000 | 27,019,000 |
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 | 4,409,000 | 8,809,000 | 13,313,000 | 17,761,000 |
| Interest expense | 2,188,000 | 4,230,000 | 6,262,000 | 8,160,000 |
| Net interest income | 2,221,000 | 4,579,000 | 7,051,000 | 9,601,000 |
| Noninterest income | 429,000 | 882,000 | 1,324,000 | 1,748,000 |
| Noninterest expense | 1,903,000 | 3,825,000 | 5,839,000 | 7,845,000 |
| Provision for loan losses | 126,000 | 252,000 | 378,000 | 800,000 |
| Pretax income | 688,000 | 1,459,000 | 2,234,000 | 2,926,000 |
| Income tax | 151,000 | 318,000 | 482,000 | 610,000 |
| Net income | 537,000 | 1,141,000 | 1,752,000 | 2,316,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,120,000 | 26,165,000 | 26,777,000 | 26,788,000 |
| Total capital | 28,677,000 | 28,662,000 | 29,236,000 | 29,450,000 |
| Risk-weighted assets | 209,826,000 | 216,840,000 | 217,930,000 | 212,913,000 |