Call reports 2021
WEST SHORE BANK — 2021
What WEST SHORE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 591,660,000 | 608,235,000 | 702,176,000 | 708,273,000 |
| Total loans | 376,979,000 | 378,774,000 | 376,688,000 | 371,423,000 |
| Allowance for loan losses | 4,907,000 | 5,013,000 | 5,051,000 | 5,051,000 |
| Securities available for sale | 101,712,000 | 110,709,000 | 142,197,000 | 160,385,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 510,884,000 | 528,048,000 | 586,672,000 | 585,627,000 |
| Interest-bearing deposits | 390,750,000 | 398,427,000 | 443,378,000 | 444,137,000 |
| Noninterest-bearing deposits | 120,134,000 | 129,621,000 | 143,294,000 | 141,490,000 |
| Equity capital | 47,120,000 | 48,460,000 | 48,577,000 | 57,951,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 4,672,000 | 9,642,000 | 14,842,000 | 19,740,000 |
| Interest expense | 355,000 | 673,000 | 930,000 | 1,164,000 |
| Net interest income | 4,317,000 | 8,969,000 | 13,912,000 | 18,576,000 |
| Noninterest income | 2,930,000 | 4,919,000 | 6,740,000 | 8,733,000 |
| Noninterest expense | 5,716,000 | 10,302,000 | 15,782,000 | 21,475,000 |
| Provision for loan losses | 300,000 | 400,000 | 440,000 | 440,000 |
| Pretax income | 1,229,000 | 3,183,000 | 4,427,000 | 5,391,000 |
| Income tax | 123,000 | 318,000 | 487,000 | 643,000 |
| Net income | 1,106,000 | 2,865,000 | 3,940,000 | 4,748,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 44,219,000 | 45,636,000 | 45,849,000 | 56,469,000 |
| Total capital | 48,930,000 | 50,613,000 | 50,900,000 | 61,520,000 |
| Risk-weighted assets | 376,685,000 | 398,161,000 | 413,821,000 | 419,940,000 |