Call reports 2008
WESTERN STATE BANK — 2008
What WESTERN STATE 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 | 364,304,000 | 361,316,000 | 385,850,000 | 395,536,000 |
| Total loans | 289,303,000 | 309,235,000 | 337,117,000 | 320,661,000 |
| Allowance for loan losses | 6,008,000 | 5,679,000 | 6,041,000 | 6,875,000 |
| Securities available for sale | 31,564,000 | 34,303,000 | 32,022,000 | 30,636,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 319,727,000 | 319,232,000 | 321,431,000 | 351,957,000 |
| Interest-bearing deposits | 293,415,000 | 291,045,000 | 296,081,000 | 322,597,000 |
| Noninterest-bearing deposits | 26,312,000 | 28,187,000 | 25,350,000 | 29,360,000 |
| Equity capital | 35,256,000 | 34,138,000 | 34,171,000 | 33,727,000 |
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 | 7,203,000 | 14,424,000 | 21,776,000 | 29,140,000 |
| Interest expense | 3,119,000 | 5,922,000 | 8,711,000 | 11,495,000 |
| Net interest income | 4,084,000 | 8,502,000 | 13,065,000 | 17,645,000 |
| Noninterest income | 711,000 | 1,248,000 | 2,264,000 | 2,855,000 |
| Noninterest expense | 3,721,000 | 7,681,000 | 11,523,000 | 15,208,000 |
| Provision for loan losses | 635,000 | 2,653,000 | 3,925,000 | 6,328,000 |
| Pretax income | 439,000 | -584,000 | -89,000 | -1,006,000 |
| Income tax | 158,000 | -227,000 | -49,000 | -399,000 |
| Net income | 281,000 | -357,000 | -40,000 | -607,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 34,215,000 | 33,456,000 | 33,457,000 | 32,905,000 |
| Total capital | 38,005,000 | 37,429,000 | 37,745,000 | 37,067,000 |
| Risk-weighted assets | 300,957,000 | 316,150,000 | 341,260,000 | 330,265,000 |