Call reports 2021
FIRST WESTERN BANK — 2021
What FIRST WESTERN BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 506,513,000 | 511,717,000 | 515,453,000 | 539,200,000 |
| Total loans | 383,691,000 | 416,198,000 | 417,632,000 | 444,506,000 |
| Allowance for loan losses | 4,616,000 | 4,648,000 | 4,693,000 | 4,802,000 |
| Securities available for sale | 40,459,000 | 46,800,000 | 44,860,000 | 49,643,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 457,197,000 | 460,849,000 | 458,518,000 | 475,649,000 |
| Interest-bearing deposits | 395,036,000 | 389,407,000 | 387,139,000 | 402,365,000 |
| Noninterest-bearing deposits | 62,161,000 | 71,443,000 | 71,379,000 | 73,284,000 |
| Equity capital | 45,168,000 | 46,771,000 | 48,077,000 | 49,723,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 5,407,000 | 10,776,000 | 16,214,000 | 21,770,000 |
| Interest expense | 547,000 | 958,000 | 1,293,000 | 1,605,000 |
| Net interest income | 4,860,000 | 9,818,000 | 14,921,000 | 20,165,000 |
| Noninterest income | 1,451,000 | 3,190,000 | 4,075,000 | 5,997,000 |
| Noninterest expense | 3,605,000 | 7,267,000 | 10,975,000 | 15,136,000 |
| Provision for loan losses | 50,000 | 80,000 | 80,000 | 200,000 |
| Pretax income | 2,656,000 | 5,661,000 | 7,941,000 | 10,826,000 |
| Income tax | 931,000 | 1,915,000 | 2,489,000 | 2,896,000 |
| Net income | 1,725,000 | 3,746,000 | 5,452,000 | 7,930,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 44,417,000 | 45,938,000 | 47,144,000 | 49,120,000 |
| Total capital | 48,656,000 | 50,323,000 | 51,750,000 | 53,922,000 |
| Risk-weighted assets | 338,757,000 | 350,554,000 | 368,390,000 | 396,674,000 |