Call reports 2024
FIRST WESTROADS BANK, INC. — 2024
What FIRST WESTROADS BANK, INC. reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 334,072,000 | 335,613,000 | 356,066,000 | 354,389,000 |
| Total loans | 220,241,000 | 219,984,000 | 228,905,000 | 238,057,000 |
| Allowance for loan losses | 4,780,000 | 4,782,000 | 4,783,000 | 4,787,000 |
| Securities available for sale | 93,466,000 | 97,416,000 | 101,585,000 | 101,220,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 282,546,000 | 283,840,000 | 302,630,000 | 308,265,000 |
| Interest-bearing deposits | 159,296,000 | 170,497,000 | 187,010,000 | 203,145,000 |
| Noninterest-bearing deposits | 123,250,000 | 113,343,000 | 115,620,000 | 105,120,000 |
| Equity capital | 41,728,000 | 42,586,000 | 44,005,000 | 37,918,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 3,924,000 | 8,655,000 | 13,539,000 | 18,190,000 |
| Interest expense | 1,114,000 | 2,514,000 | 4,010,000 | 5,568,000 |
| Net interest income | 2,810,000 | 6,141,000 | 9,529,000 | 12,622,000 |
| Noninterest income | 167,000 | 323,000 | 479,000 | 1,071,000 |
| Noninterest expense | 1,609,000 | 3,536,000 | 5,470,000 | 7,811,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,368,000 | 2,928,000 | 4,538,000 | 5,882,000 |
| Income tax | 266,000 | 547,000 | 859,000 | 1,208,000 |
| Net income | 1,102,000 | 2,381,000 | 3,679,000 | 4,674,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 43,005,000 | 43,686,000 | 44,382,000 | 39,776,000 |
| Total capital | 45,869,000 | — | — | — |
| Risk-weighted assets | 227,235,000 | — | — | — |