Call reports 2020
WESTERN STATE BANK — 2020
What WESTERN STATE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 1,292,757,000 | 1,460,625,000 | 1,445,643,000 | 1,526,801,000 |
| Total loans | 1,135,564,000 | 1,316,759,000 | 1,354,296,000 | 1,352,535,000 |
| Allowance for loan losses | 20,109,000 | 25,951,000 | 26,821,000 | 27,620,000 |
| Securities available for sale | 36,603,000 | 22,482,000 | 29,871,000 | 34,603,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,099,442,000 | 1,268,633,000 | 1,248,363,000 | 1,282,164,000 |
| Interest-bearing deposits | 1,020,302,000 | 1,158,418,000 | 1,034,440,000 | 1,154,215,000 |
| Noninterest-bearing deposits | 79,140,000 | 110,215,000 | 213,922,000 | 127,949,000 |
| Equity capital | 139,541,000 | 140,853,000 | 145,914,000 | 151,324,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 18,188,000 | 40,629,000 | 60,011,000 | 78,933,000 |
| Interest expense | 3,751,000 | 7,218,000 | 10,034,000 | 12,434,000 |
| Net interest income | 14,437,000 | 33,411,000 | 49,977,000 | 66,499,000 |
| Noninterest income | 2,476,000 | 4,686,000 | 7,026,000 | 10,335,000 |
| Noninterest expense | 9,031,000 | 18,170,000 | 27,635,000 | 37,564,000 |
| Provision for loan losses | 2,120,000 | 8,785,000 | 10,435,000 | 12,135,000 |
| Pretax income | 5,762,000 | 11,158,000 | 18,951,000 | 27,157,000 |
| Income tax | 1,409,000 | 2,743,000 | 4,665,000 | 6,489,000 |
| Net income | 4,353,000 | 8,415,000 | 14,286,000 | 20,668,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 139,093,000 | 140,375,000 | 145,461,000 | 150,905,000 |
| Total capital | 154,051,000 | 156,154,000 | 161,576,000 | 167,707,000 |
| Risk-weighted assets | 1,190,889,000 | 1,251,816,000 | 1,278,090,000 | 1,332,951,000 |