Call reports 2002
FIRST WESTERN BANK — 2002
What FIRST WESTERN BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 182,286,000 | 187,597,000 | 193,827,000 | 205,272,000 |
| Total loans | 127,604,000 | 132,354,000 | 141,413,000 | 145,824,000 |
| Allowance for loan losses | 1,278,000 | 1,333,000 | 1,278,000 | 1,214,000 |
| Securities available for sale | 0 | 0 | 34,508,000 | 36,029,000 |
| Securities held to maturity | 37,924,000 | 36,905,000 | 0 | 705,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 146,076,000 | 149,572,000 | 154,307,000 | 165,086,000 |
| Interest-bearing deposits | 133,648,000 | 136,756,000 | 140,987,000 | 152,211,000 |
| Noninterest-bearing deposits | 12,428,000 | 12,816,000 | 13,320,000 | 12,875,000 |
| Equity capital | 14,432,000 | 17,169,000 | 18,011,000 | 18,261,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 2,903,000 | 5,717,000 | 8,691,000 | 11,666,000 |
| Interest expense | 1,220,000 | 2,275,000 | 3,393,000 | 4,523,000 |
| Net interest income | 1,683,000 | 3,442,000 | 5,298,000 | 7,143,000 |
| Noninterest income | 268,000 | 581,000 | 893,000 | 1,219,000 |
| Noninterest expense | 1,443,000 | 2,993,000 | 4,522,000 | 6,038,000 |
| Provision for loan losses | 75,000 | 150,000 | 225,000 | 300,000 |
| Pretax income | 433,000 | 893,000 | 1,478,000 | 2,075,000 |
| Income tax | 95,000 | 144,000 | 230,000 | 364,000 |
| Net income | 338,000 | 749,000 | 1,248,000 | 1,711,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,864,000 | 16,615,000 | 16,953,000 | 17,211,000 |
| Total capital | 15,142,000 | 17,948,000 | 18,231,000 | 18,425,000 |
| Risk-weighted assets | 120,830,000 | 128,905,000 | 135,591,000 | 140,134,000 |