Call reports 2008
FIRST WESTERN BANK — 2008
What FIRST WESTERN BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 301,161,000 | 293,220,000 | 300,695,000 | 289,049,000 |
| Total loans | 217,366,000 | 210,946,000 | 210,205,000 | 204,492,000 |
| Allowance for loan losses | 3,198,000 | 2,601,000 | 2,879,000 | 2,180,000 |
| Securities available for sale | 46,174,000 | 42,496,000 | 42,029,000 | 44,528,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 260,754,000 | 254,707,000 | 262,663,000 | 250,331,000 |
| Interest-bearing deposits | 241,255,000 | 235,091,000 | 242,530,000 | 231,172,000 |
| Noninterest-bearing deposits | 19,498,000 | 19,616,000 | 20,133,000 | 19,159,000 |
| Equity capital | 25,301,000 | 24,345,000 | 24,303,000 | 24,685,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 4,731,000 | 8,989,000 | 13,165,000 | 17,055,000 |
| Interest expense | 2,392,000 | 4,457,000 | 6,305,000 | 8,083,000 |
| Net interest income | 2,339,000 | 4,532,000 | 6,860,000 | 8,972,000 |
| Noninterest income | 438,000 | 1,070,000 | 1,564,000 | 1,973,000 |
| Noninterest expense | 2,798,000 | 5,612,000 | 8,690,000 | 11,619,000 |
| Provision for loan losses | 244,000 | 677,000 | 1,300,000 | 1,321,000 |
| Pretax income | -153,000 | -571,000 | -1,408,000 | -1,701,000 |
| Income tax | -35,000 | -139,000 | -269,000 | -264,000 |
| Net income | -118,000 | -432,000 | -1,139,000 | -1,437,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,358,000 | 24,045,000 | 23,588,000 | 23,635,000 |
| Total capital | 27,139,000 | 26,646,000 | 26,318,000 | 25,815,000 |
| Risk-weighted assets | 225,529,000 | 225,186,000 | 223,254,000 | 216,179,000 |