Call reports 2020
FIRST WESTROADS BANK, INC. — 2020
What FIRST WESTROADS BANK, INC. 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 | 289,246,000 | 368,189,000 | 341,114,000 | 340,627,000 |
| Total loans | 214,642,000 | 254,422,000 | 248,871,000 | 242,172,000 |
| Allowance for loan losses | 4,622,000 | 4,671,000 | 4,725,000 | 4,776,000 |
| Securities available for sale | 32,590,000 | 31,043,000 | 28,095,000 | 26,129,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 223,902,000 | 298,166,000 | 288,066,000 | 290,068,000 |
| Interest-bearing deposits | 150,070,000 | 183,878,000 | 181,553,000 | 186,007,000 |
| Noninterest-bearing deposits | 73,832,000 | 114,288,000 | 106,513,000 | 104,061,000 |
| Equity capital | 37,424,000 | 38,723,000 | 38,999,000 | 39,426,000 |
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 | 2,989,000 | 5,995,000 | 8,981,000 | 12,149,000 |
| Interest expense | 389,000 | 724,000 | 1,049,000 | 1,337,000 |
| Net interest income | 2,600,000 | 5,271,000 | 7,932,000 | 10,812,000 |
| Noninterest income | 289,000 | 557,000 | 944,000 | 1,462,000 |
| Noninterest expense | 1,731,000 | 3,417,000 | 5,133,000 | 6,926,000 |
| Provision for loan losses | 47,000 | 93,000 | 139,000 | 186,000 |
| Pretax income | 1,111,000 | 2,318,000 | 3,604,000 | 5,162,000 |
| Income tax | 215,000 | 450,000 | 706,000 | 993,000 |
| Net income | 896,000 | 1,868,000 | 2,898,000 | 4,169,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 37,111,000 | 38,082,000 | 38,313,000 | 38,784,000 |
| Total capital | 39,843,000 | 41,397,000 | 41,452,000 | 41,847,000 |
| Risk-weighted assets | 216,657,000 | 263,879,000 | 249,498,000 | 243,475,000 |