Call reports 2007
WESTERN STATE BANK — 2007
What WESTERN STATE BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 307,351,000 | 329,238,000 | 360,875,000 | 361,439,000 |
| Total loans | 271,105,000 | 294,781,000 | 320,541,000 | 281,464,000 |
| Allowance for loan losses | 6,850,000 | 6,818,000 | 6,583,000 | 6,465,000 |
| Securities available for sale | 26,960,000 | 25,134,000 | 27,281,000 | 27,137,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 263,162,000 | 280,255,000 | 304,545,000 | 315,272,000 |
| Interest-bearing deposits | 241,892,000 | 258,910,000 | 280,617,000 | 287,262,000 |
| Noninterest-bearing deposits | 21,270,000 | 21,345,000 | 23,928,000 | 28,010,000 |
| Equity capital | 31,772,000 | 32,813,000 | 34,330,000 | 36,068,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 6,483,000 | 13,805,000 | 21,724,000 | 30,084,000 |
| Interest expense | 2,573,000 | 5,489,000 | 8,761,000 | 12,197,000 |
| Net interest income | 3,910,000 | 8,316,000 | 12,963,000 | 17,887,000 |
| Noninterest income | 819,000 | 1,602,000 | 2,532,000 | 4,977,000 |
| Noninterest expense | 3,080,000 | 6,277,000 | 9,682,000 | 13,376,000 |
| Provision for loan losses | 0 | 0 | 0 | 293,000 |
| Pretax income | 1,654,000 | 3,646,000 | 5,818,000 | 9,200,000 |
| Income tax | 614,000 | 1,344,000 | 2,145,000 | 3,434,000 |
| Net income | 1,040,000 | 2,302,000 | 3,673,000 | 5,766,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,440,000 | 32,436,000 | 33,708,000 | 35,224,000 |
| Total capital | 35,002,000 | 36,260,000 | 37,873,000 | 38,959,000 |
| Risk-weighted assets | 281,636,000 | 302,934,000 | 330,788,000 | 296,044,000 |