Call reports 2021
WESTERN STATE BANK — 2021
What WESTERN STATE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 1,607,258,000 | 1,591,238,000 | 1,688,527,000 | 1,703,317,000 |
| Total loans | 1,389,350,000 | 1,386,166,000 | 1,354,690,000 | 1,404,870,000 |
| Allowance for loan losses | 28,847,000 | 29,043,000 | 29,858,000 | 30,713,000 |
| Securities available for sale | 39,261,000 | 39,683,000 | 38,243,000 | 41,492,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,355,573,000 | 1,373,765,000 | 1,457,211,000 | 1,464,036,000 |
| Interest-bearing deposits | 1,233,453,000 | 1,206,381,000 | 1,271,851,000 | 1,284,923,000 |
| Noninterest-bearing deposits | 122,120,000 | 167,384,000 | 185,360,000 | 179,113,000 |
| Equity capital | 157,068,000 | 166,134,000 | 176,259,000 | 183,049,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 20,717,000 | 42,388,000 | 64,691,000 | 86,070,000 |
| Interest expense | 1,725,000 | 3,145,000 | 4,418,000 | 5,791,000 |
| Net interest income | 18,992,000 | 39,243,000 | 60,273,000 | 80,279,000 |
| Noninterest income | 2,840,000 | 7,660,000 | 12,127,000 | 14,735,000 |
| Noninterest expense | 10,410,000 | 20,811,000 | 31,432,000 | 43,122,000 |
| Provision for loan losses | 2,025,000 | 3,050,000 | 4,550,000 | 5,780,000 |
| Pretax income | 9,407,000 | 23,052,000 | 36,433,000 | 46,132,000 |
| Income tax | 2,326,000 | 5,679,000 | 8,978,000 | 11,129,000 |
| Net income | 7,081,000 | 17,373,000 | 27,455,000 | 35,003,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 156,923,000 | 166,026,000 | 176,121,000 | 183,179,000 |
| Total capital | 173,916,000 | 183,288,000 | 193,082,000 | 201,524,000 |
| Risk-weighted assets | 1,347,209,000 | 1,368,833,000 | 1,343,578,000 | 1,454,786,000 |