Call reports 2023
FIRST WESTROADS BANK, INC. — 2023
What FIRST WESTROADS BANK, INC. 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 | 339,546,000 | 334,860,000 | 327,605,000 | 325,466,000 |
| Total loans | 220,776,000 | 210,933,000 | 200,651,000 | 210,461,000 |
| Allowance for loan losses | 5,071,000 | 4,776,000 | 4,778,000 | 4,779,000 |
| Securities available for sale | 97,413,000 | 95,932,000 | 95,251,000 | 103,437,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 282,490,000 | 284,475,000 | 276,567,000 | 272,626,000 |
| Interest-bearing deposits | 150,140,000 | 168,753,000 | 166,238,000 | 155,188,000 |
| Noninterest-bearing deposits | 132,350,000 | 115,722,000 | 110,329,000 | 117,438,000 |
| Equity capital | 40,836,000 | 40,730,000 | 41,245,000 | 43,034,000 |
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 | 3,530,000 | 7,242,000 | 11,010,000 | 15,276,000 |
| Interest expense | 684,000 | 1,625,000 | 2,662,000 | 3,847,000 |
| Net interest income | 2,846,000 | 5,617,000 | 8,348,000 | 11,429,000 |
| Noninterest income | 169,000 | 373,000 | 563,000 | 723,000 |
| Noninterest expense | 1,825,000 | 3,687,000 | 5,509,000 | 7,168,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,190,000 | 2,303,000 | 3,402,000 | 4,984,000 |
| Income tax | 232,000 | 450,000 | 661,000 | 974,000 |
| Net income | 958,000 | 1,853,000 | 2,741,000 | 4,010,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 42,453,000 | 42,948,000 | 43,435,000 | 44,304,000 |
| Total capital | 45,376,000 | 45,746,000 | 46,039,000 | 47,115,000 |
| Risk-weighted assets | 231,711,000 | 221,887,000 | 206,123,000 | 222,798,000 |