Call reports 2008
FIRST WESTROADS BANK, INC. — 2008
What FIRST WESTROADS BANK, INC. 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 | 202,595,000 | 198,848,000 | 201,252,000 | 198,254,000 |
| Total loans | 152,367,000 | 151,467,000 | 161,061,000 | 162,369,000 |
| Allowance for loan losses | 2,775,000 | 2,819,000 | 2,974,000 | 2,109,000 |
| Securities available for sale | 27,459,000 | 33,987,000 | 31,547,000 | 27,885,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 164,627,000 | 160,516,000 | 157,293,000 | 155,437,000 |
| Interest-bearing deposits | 125,044,000 | 114,286,000 | 115,922,000 | 111,260,000 |
| Noninterest-bearing deposits | 39,583,000 | 46,230,000 | 41,371,000 | 44,177,000 |
| Equity capital | 18,422,000 | 17,601,000 | 17,513,000 | 18,112,000 |
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 | 3,075,000 | 6,043,000 | 8,960,000 | 11,892,000 |
| Interest expense | 1,102,000 | 2,123,000 | 3,067,000 | 3,910,000 |
| Net interest income | 1,973,000 | 3,920,000 | 5,893,000 | 7,982,000 |
| Noninterest income | 273,000 | 565,000 | 823,000 | 1,075,000 |
| Noninterest expense | 1,260,000 | 2,567,000 | 3,897,000 | 5,018,000 |
| Provision for loan losses | 60,000 | 120,000 | 270,000 | 770,000 |
| Pretax income | 926,000 | 1,798,000 | 2,267,000 | 2,987,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 926,000 | 1,798,000 | 2,267,000 | 2,987,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,094,000 | 17,792,000 | 17,751,000 | 18,346,000 |
| Total capital | 20,134,000 | 19,816,000 | 19,746,000 | 20,324,000 |
| Risk-weighted assets | 162,295,000 | 160,544,000 | 166,761,000 | 164,368,000 |