Call reports 2022
WEST SHORE BANK — 2022
What WEST SHORE BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 703,937,000 | 723,702,000 | 704,789,000 | 685,738,000 |
| Total loans | 388,750,000 | 415,944,000 | 432,667,000 | 448,162,000 |
| Allowance for loan losses | 5,083,000 | 5,132,000 | 5,217,000 | 5,218,000 |
| Securities available for sale | 175,495,000 | 166,814,000 | 159,537,000 | 158,929,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 588,939,000 | 616,046,000 | 634,502,000 | 566,881,000 |
| Interest-bearing deposits | 445,801,000 | 464,175,000 | 466,330,000 | 422,700,000 |
| Noninterest-bearing deposits | 143,138,000 | 151,871,000 | 168,172,000 | 144,181,000 |
| Equity capital | 52,423,000 | 47,822,000 | 45,172,000 | 47,662,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 5,051,000 | 10,545,000 | 16,830,000 | 23,599,000 |
| Interest expense | 199,000 | 387,000 | 551,000 | 992,000 |
| Net interest income | 4,852,000 | 10,158,000 | 16,279,000 | 22,607,000 |
| Noninterest income | 1,805,000 | 3,022,000 | 4,260,000 | 5,348,000 |
| Noninterest expense | 5,622,000 | 11,139,000 | 16,827,000 | 22,588,000 |
| Provision for loan losses | 45,000 | 125,000 | 210,000 | 255,000 |
| Pretax income | 988,000 | 1,914,000 | 3,500,000 | 5,110,000 |
| Income tax | 149,000 | 223,000 | 350,000 | 464,000 |
| Net income | 839,000 | 1,691,000 | 3,150,000 | 4,646,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 57,002,000 | 56,374,000 | 57,564,000 | 58,815,000 |
| Total capital | 62,085,000 | 61,506,000 | 62,781,000 | 64,033,000 |
| Risk-weighted assets | 459,195,000 | 486,472,000 | 496,602,000 | 503,578,000 |