Call reports 2008
WESTSIDE COMMUNITY BANK — 2008
What WESTSIDE COMMUNITY BANK 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 | 177,197,000 | 174,484,000 | 176,594,000 | 177,285,000 |
| Total loans | 160,094,000 | 160,052,000 | 160,445,000 | 159,413,000 |
| Allowance for loan losses | 1,966,000 | 2,051,000 | 2,062,000 | 3,328,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 3,240,000 | 2,970,000 | 2,921,000 | 2,846,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 157,364,000 | 153,982,000 | 150,884,000 | 153,314,000 |
| Interest-bearing deposits | 146,581,000 | 145,303,000 | 142,868,000 | 145,473,000 |
| Noninterest-bearing deposits | 10,783,000 | 8,679,000 | 8,016,000 | 7,841,000 |
| Equity capital | 14,324,000 | 15,949,000 | 16,154,000 | 15,408,000 |
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 | 2,939,000 | 5,662,000 | 8,408,000 | 11,004,000 |
| Interest expense | 1,685,000 | 3,194,000 | 4,552,000 | 5,829,000 |
| Net interest income | 1,254,000 | 2,468,000 | 3,856,000 | 5,175,000 |
| Noninterest income | 60,000 | 103,000 | 189,000 | 197,000 |
| Noninterest expense | 763,000 | 1,699,000 | 2,581,000 | 3,517,000 |
| Provision for loan losses | 160,000 | 260,000 | 410,000 | 1,786,000 |
| Pretax income | 391,000 | 612,000 | 1,054,000 | 69,000 |
| Income tax | 120,000 | 216,000 | 353,000 | 39,000 |
| Net income | 271,000 | 396,000 | 701,000 | 30,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,324,000 | 15,949,000 | 16,154,000 | 15,408,000 |
| Total capital | 16,290,000 | 18,000,000 | 18,216,000 | 17,498,000 |
| Risk-weighted assets | 171,004,000 | 168,732,000 | 168,610,000 | 165,938,000 |