Call reports 2022
WESTERN STATE BANK — 2022
What WESTERN STATE BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 1,764,678,000 | 1,761,280,000 | 1,664,502,000 | 1,761,840,000 |
| Total loans | 1,377,937,000 | 1,425,157,000 | 1,530,801,000 | 1,635,391,000 |
| Allowance for loan losses | 29,901,000 | 29,481,000 | 28,962,000 | 28,040,000 |
| Securities available for sale | 38,621,000 | 37,761,000 | 50,332,000 | 49,852,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,515,932,000 | 1,502,753,000 | 1,398,616,000 | 1,487,008,000 |
| Interest-bearing deposits | 1,330,545,000 | 1,335,008,000 | 1,220,235,000 | 1,309,135,000 |
| Noninterest-bearing deposits | 185,387,000 | 167,745,000 | 178,381,000 | 177,873,000 |
| Equity capital | 189,624,000 | 196,421,000 | 204,564,000 | 210,679,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 21,564,000 | 43,595,000 | 67,814,000 | 94,123,000 |
| Interest expense | 1,231,000 | 2,457,000 | 3,853,000 | 6,954,000 |
| Net interest income | 20,333,000 | 41,138,000 | 63,961,000 | 87,169,000 |
| Noninterest income | 4,624,000 | 7,525,000 | 9,008,000 | 10,728,000 |
| Noninterest expense | 11,254,000 | 22,521,000 | 34,215,000 | 46,422,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 13,699,000 | 26,131,000 | 38,745,000 | 51,469,000 |
| Income tax | 3,409,000 | 6,501,000 | 9,635,000 | 12,548,000 |
| Net income | 10,290,000 | 19,630,000 | 29,110,000 | 38,921,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 191,070,000 | 198,662,000 | 208,309,000 | 213,802,000 |
| Total capital | 209,470,000 | 217,904,000 | 228,908,000 | 235,820,000 |
| Risk-weighted assets | 1,460,034,000 | 1,528,632,000 | 1,639,117,000 | 1,754,894,000 |