Call reports 2024
WEST SHORE BANK — 2024
What WEST SHORE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 733,603,000 | 766,064,000 | 808,692,000 | 768,337,000 |
| Total loans | 518,831,000 | 556,608,000 | 564,603,000 | 570,908,000 |
| Allowance for loan losses | 5,472,000 | 5,639,000 | 5,534,000 | 5,554,000 |
| Securities available for sale | 134,880,000 | 129,743,000 | 128,817,000 | 120,912,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 600,443,000 | 672,885,000 | 704,118,000 | 659,059,000 |
| Interest-bearing deposits | 478,885,000 | 534,637,000 | 530,025,000 | 531,723,000 |
| Noninterest-bearing deposits | 121,558,000 | 138,248,000 | 174,093,000 | 127,336,000 |
| Equity capital | 53,893,000 | 55,151,000 | 59,847,000 | 60,377,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 9,058,000 | 18,787,000 | 29,187,000 | 39,567,000 |
| Interest expense | 3,488,000 | 7,480,000 | 11,419,000 | 15,372,000 |
| Net interest income | 5,570,000 | 11,307,000 | 17,768,000 | 24,195,000 |
| Noninterest income | 1,330,000 | 2,804,000 | 4,075,000 | 5,586,000 |
| Noninterest expense | 5,874,000 | 11,751,000 | 17,060,000 | 22,580,000 |
| Provision for loan losses | 50,000 | 325,000 | 214,000 | 239,000 |
| Pretax income | 976,000 | 2,035,000 | 4,333,000 | 6,726,000 |
| Income tax | 132,000 | 302,000 | 733,000 | 1,244,000 |
| Net income | 844,000 | 1,733,000 | 3,600,000 | 5,482,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 62,829,000 | 63,263,000 | 65,047,000 | 66,629,000 |
| Total capital | 68,301,000 | 68,902,000 | 70,816,000 | 72,419,000 |
| Risk-weighted assets | 580,235,000 | 600,651,000 | 607,736,000 | 621,853,000 |