Call reports 2022
FIRST WESTERN BANK — 2022
What FIRST WESTERN BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 585,291,000 | 590,983,000 | 602,225,000 | 635,954,000 |
| Total loans | 465,487,000 | 478,588,000 | 489,624,000 | 515,550,000 |
| Allowance for loan losses | 4,892,000 | 4,906,000 | 4,902,000 | 5,008,000 |
| Securities available for sale | 60,939,000 | 62,388,000 | 58,450,000 | 58,039,000 |
| Securities held to maturity | 0 | 0 | 2,383,000 | 3,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 509,153,000 | 524,284,000 | 519,989,000 | 539,760,000 |
| Interest-bearing deposits | 421,071,000 | 449,976,000 | 440,220,000 | 465,539,000 |
| Noninterest-bearing deposits | 88,082,000 | 74,307,000 | 79,768,000 | 74,221,000 |
| Equity capital | 50,026,000 | 49,579,000 | 49,950,000 | 51,848,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 5,819,000 | 12,031,000 | 18,506,000 | 25,482,000 |
| Interest expense | 304,000 | 667,000 | 1,259,000 | 2,436,000 |
| Net interest income | 5,515,000 | 11,364,000 | 17,247,000 | 23,046,000 |
| Noninterest income | 2,681,000 | 3,489,000 | 5,417,000 | 6,252,000 |
| Noninterest expense | 4,164,000 | 8,456,000 | 13,095,000 | 18,239,000 |
| Provision for loan losses | 90,000 | 110,000 | 110,000 | 210,000 |
| Pretax income | 3,942,000 | 6,287,000 | 9,459,000 | 10,839,000 |
| Income tax | 1,095,000 | 1,681,000 | 2,535,000 | 2,532,000 |
| Net income | 2,847,000 | 4,606,000 | 6,924,000 | 8,307,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 51,315,000 | 53,076,000 | 54,444,000 | 55,426,000 |
| Total capital | 56,207,000 | 57,982,000 | 59,346,000 | 60,434,000 |
| Risk-weighted assets | 432,128,000 | 442,861,000 | 457,147,000 | 477,199,000 |