Call reports 2020
WEST SHORE BANK — 2020
What WEST SHORE 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 | 455,628,000 | 522,132,000 | 562,904,000 | 557,692,000 |
| Total loans | 345,438,000 | 389,794,000 | 384,437,000 | 370,600,000 |
| Allowance for loan losses | 2,829,000 | 3,404,000 | 4,103,000 | 4,594,000 |
| Securities available for sale | 72,268,000 | 70,955,000 | 80,276,000 | 97,672,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 366,441,000 | 411,260,000 | 488,557,000 | 479,870,000 |
| Interest-bearing deposits | 297,957,000 | 310,376,000 | 373,689,000 | 366,294,000 |
| Noninterest-bearing deposits | 68,484,000 | 100,884,000 | 114,868,000 | 113,576,000 |
| Equity capital | 43,373,000 | 45,933,000 | 46,504,000 | 46,920,000 |
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 | 4,623,000 | 9,245,000 | 14,072,000 | 19,239,000 |
| Interest expense | 678,000 | 1,242,000 | 1,678,000 | 2,071,000 |
| Net interest income | 3,945,000 | 8,003,000 | 12,394,000 | 17,168,000 |
| Noninterest income | 1,680,000 | 4,088,000 | 7,082,000 | 9,774,000 |
| Noninterest expense | 4,695,000 | 9,737,000 | 15,482,000 | 21,249,000 |
| Provision for loan losses | 40,000 | 600,000 | 1,300,000 | 1,800,000 |
| Pretax income | 902,000 | 1,764,000 | 3,026,000 | 4,225,000 |
| Income tax | 63,000 | 123,000 | 214,000 | 418,000 |
| Net income | 839,000 | 1,641,000 | 2,812,000 | 3,807,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,248,000 | 41,763,000 | 42,673,000 | 43,379,000 |
| Total capital | 44,077,000 | 45,167,000 | 46,776,000 | 47,973,000 |
| Risk-weighted assets | 344,666,000 | 358,664,000 | 361,788,000 | 374,725,000 |