Call reports 2023
WEST SHORE BANK — 2023
What WEST SHORE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 689,641,000 | 689,710,000 | 742,362,000 | 720,850,000 |
| Total loans | 468,200,000 | 478,030,000 | 494,090,000 | 497,456,000 |
| Allowance for loan losses | 5,290,000 | 5,395,000 | 5,418,000 | 5,423,000 |
| Securities available for sale | 148,566,000 | 141,452,000 | 134,137,000 | 136,363,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 567,281,000 | 540,657,000 | 618,741,000 | 594,770,000 |
| Interest-bearing deposits | 429,727,000 | 403,570,000 | 464,273,000 | 465,841,000 |
| Noninterest-bearing deposits | 137,554,000 | 137,087,000 | 154,468,000 | 128,929,000 |
| Equity capital | 50,349,000 | 49,528,000 | 49,141,000 | 53,194,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 7,154,000 | 14,928,000 | 23,322,000 | 32,365,000 |
| Interest expense | 1,238,000 | 3,366,000 | 6,112,000 | 9,311,000 |
| Net interest income | 5,916,000 | 11,562,000 | 17,210,000 | 23,054,000 |
| Noninterest income | 1,310,000 | 2,621,000 | 4,017,000 | 5,380,000 |
| Noninterest expense | 5,783,000 | 11,276,000 | 16,903,000 | 22,358,000 |
| Provision for loan losses | 60,000 | 165,000 | 183,000 | 183,000 |
| Pretax income | 1,051,000 | 2,410,000 | 3,808,000 | 5,560,000 |
| Income tax | 115,000 | 224,000 | 335,000 | 510,000 |
| Net income | 936,000 | 2,186,000 | 3,473,000 | 5,050,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 59,496,000 | 60,337,000 | 61,245,000 | 62,245,000 |
| Total capital | 64,786,000 | 65,732,000 | 66,663,000 | 67,668,000 |
| Risk-weighted assets | 518,049,000 | 531,707,000 | 545,193,000 | 547,958,000 |