Call reports 2023
FIRST WESTERN BANK — 2023
What FIRST WESTERN BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 650,913,000 | 632,967,000 | 638,281,000 | 646,689,000 |
| Total loans | 521,562,000 | 518,494,000 | 522,577,000 | 525,408,000 |
| Allowance for loan losses | 4,930,000 | 4,929,000 | 4,934,000 | 4,987,000 |
| Securities available for sale | 58,014,000 | 54,155,000 | 50,860,000 | 51,723,000 |
| Securities held to maturity | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 563,541,000 | 550,629,000 | 546,504,000 | 560,262,000 |
| Interest-bearing deposits | 481,927,000 | 470,723,000 | 450,876,000 | 474,158,000 |
| Noninterest-bearing deposits | 81,613,000 | 79,906,000 | 95,628,000 | 86,104,000 |
| Equity capital | 52,935,000 | 53,579,000 | 54,741,000 | 56,564,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 7,381,000 | 15,295,000 | 24,267,000 | 33,211,000 |
| Interest expense | 2,035,000 | 4,703,000 | 7,674,000 | 11,148,000 |
| Net interest income | 5,346,000 | 10,592,000 | 16,593,000 | 22,063,000 |
| Noninterest income | 748,000 | 1,665,000 | 2,256,000 | 3,242,000 |
| Noninterest expense | 4,585,000 | 9,235,000 | 13,825,000 | 18,724,000 |
| Provision for loan losses | 0 | 0 | 0 | 60,000 |
| Pretax income | 1,509,000 | 2,969,000 | 4,971,000 | 6,468,000 |
| Income tax | 404,000 | 534,000 | 1,068,000 | 1,295,000 |
| Net income | 1,105,000 | 2,435,000 | 3,903,000 | 5,173,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 56,190,000 | 57,145,000 | 58,238,000 | 59,099,000 |
| Total capital | 61,199,000 | 62,154,000 | 63,252,000 | 64,166,000 |
| Risk-weighted assets | 482,119,000 | 476,232,000 | 528,701,000 | 534,139,000 |