Call reports 2014
WESTERN STATE BANK — 2014
What WESTERN STATE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 711,133,000 | 710,488,000 | 727,515,000 | 755,957,000 |
| Total loans | 608,581,000 | 625,439,000 | 634,322,000 | 669,009,000 |
| Allowance for loan losses | 11,308,000 | 11,568,000 | 11,299,000 | 11,886,000 |
| Securities available for sale | 39,986,000 | 39,912,000 | 45,010,000 | 37,909,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 633,949,000 | 630,096,000 | 642,589,000 | 668,765,000 |
| Interest-bearing deposits | 611,594,000 | 607,749,000 | 619,502,000 | 641,743,000 |
| Noninterest-bearing deposits | 22,355,000 | 22,347,000 | 23,087,000 | 27,022,000 |
| Equity capital | 67,758,000 | 69,817,000 | 72,841,000 | 74,426,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 10,206,000 | 21,111,000 | 32,236,000 | 43,722,000 |
| Interest expense | 1,454,000 | 2,945,000 | 4,428,000 | 5,936,000 |
| Net interest income | 8,752,000 | 18,166,000 | 27,808,000 | 37,786,000 |
| Noninterest income | 889,000 | 2,464,000 | 4,190,000 | 5,056,000 |
| Noninterest expense | 5,417,000 | 11,317,000 | 17,143,000 | 23,023,000 |
| Provision for loan losses | 640,000 | 1,240,000 | 1,490,000 | 2,240,000 |
| Pretax income | 3,589,000 | 8,078,000 | 13,370,000 | 17,584,000 |
| Income tax | 1,353,000 | 3,063,000 | 5,090,000 | 6,686,000 |
| Net income | 2,236,000 | 5,015,000 | 8,280,000 | 10,898,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 67,643,000 | 69,607,000 | 72,657,000 | 74,276,000 |
| Total capital | 75,198,000 | 77,342,000 | 80,509,000 | 82,648,000 |
| Risk-weighted assets | 600,629,000 | 614,996,000 | 624,752,000 | 666,217,000 |