Call reports 2020
FIRST WESTERN BANK — 2020
What FIRST WESTERN BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 466,067,000 | 485,602,000 | 497,652,000 | 499,831,000 |
| Total loans | 384,928,000 | 413,213,000 | 418,979,000 | 392,798,000 |
| Allowance for loan losses | 3,901,000 | 4,205,000 | 4,466,000 | 4,679,000 |
| Securities available for sale | 26,417,000 | 26,659,000 | 25,479,000 | 31,729,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 420,355,000 | 439,332,000 | 429,594,000 | 451,787,000 |
| Interest-bearing deposits | 375,326,000 | 380,456,000 | 370,491,000 | 397,851,000 |
| Noninterest-bearing deposits | 45,029,000 | 58,876,000 | 59,103,000 | 53,936,000 |
| Equity capital | 39,783,000 | 42,020,000 | 43,274,000 | 44,362,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 5,607,000 | 11,981,000 | 17,685,000 | 22,870,000 |
| Interest expense | 1,537,000 | 2,850,000 | 3,889,000 | 4,663,000 |
| Net interest income | 4,070,000 | 9,131,000 | 13,796,000 | 18,207,000 |
| Noninterest income | 1,291,000 | 2,361,000 | 3,193,000 | 5,442,000 |
| Noninterest expense | 3,594,000 | 7,024,000 | 10,545,000 | 14,386,000 |
| Provision for loan losses | 60,000 | 375,000 | 630,000 | 840,000 |
| Pretax income | 1,709,000 | 4,095,000 | 5,816,000 | 8,427,000 |
| Income tax | 471,000 | 1,030,000 | 1,555,000 | 2,142,000 |
| Net income | 1,238,000 | 3,065,000 | 4,261,000 | 6,285,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,570,000 | 40,922,000 | 42,117,000 | 43,192,000 |
| Total capital | 43,471,000 | 45,127,000 | 46,583,000 | 47,531,000 |
| Risk-weighted assets | 345,529,000 | 378,204,000 | 364,359,000 | 346,802,000 |