Call reports 2003
WESTERN STATE BANK — 2003
What WESTERN STATE BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 288,974,000 | 262,249,000 | 246,866,000 | 251,383,000 |
| Total loans | 216,150,000 | 213,334,000 | 209,733,000 | 205,196,000 |
| Allowance for loan losses | 9,636,000 | 10,031,000 | 7,959,000 | 7,763,000 |
| Securities available for sale | 43,376,000 | 39,736,000 | 30,151,000 | 35,810,000 |
| Securities held to maturity | 255,000 | 255,000 | 255,000 | 105,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 254,255,000 | 228,533,000 | 213,444,000 | 218,643,000 |
| Interest-bearing deposits | 238,885,000 | 211,502,000 | 195,460,000 | 199,400,000 |
| Noninterest-bearing deposits | 15,370,000 | 17,031,000 | 17,984,000 | 19,243,000 |
| Equity capital | 21,422,000 | 21,313,000 | 21,632,000 | 21,681,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 5,604,000 | 11,008,000 | 16,089,000 | 21,089,000 |
| Interest expense | 1,896,000 | 3,652,000 | 5,076,000 | 6,375,000 |
| Net interest income | 3,708,000 | 7,356,000 | 11,013,000 | 14,714,000 |
| Noninterest income | 608,000 | 1,269,000 | 1,736,000 | 2,388,000 |
| Noninterest expense | 2,588,000 | 5,184,000 | 7,745,000 | 10,251,000 |
| Provision for loan losses | 771,000 | 1,674,000 | 2,615,000 | 3,316,000 |
| Pretax income | 957,000 | 1,771,000 | 2,395,000 | 3,539,000 |
| Income tax | 345,000 | 638,000 | 861,000 | 1,282,000 |
| Net income | 612,000 | 1,133,000 | 1,534,000 | 2,257,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,964,000 | 20,905,000 | 21,268,000 | 21,225,000 |
| Total capital | 23,911,000 | 23,730,000 | 23,995,000 | 23,918,000 |
| Risk-weighted assets | 229,051,000 | 218,804,000 | 212,950,000 | 210,340,000 |