Call reports 2023
WESTERN STATE BANK — 2023
What WESTERN STATE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 1,892,205,000 | 1,970,259,000 | 2,072,686,000 | 2,165,597,000 |
| Total loans | 1,701,471,000 | 1,792,249,000 | 1,868,162,000 | 1,945,223,000 |
| Allowance for loan losses | 29,028,000 | 30,745,000 | 31,676,000 | 32,399,000 |
| Securities available for sale | 49,601,000 | 48,156,000 | 46,150,000 | 51,056,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,611,243,000 | 1,678,934,000 | 1,798,682,000 | 1,880,044,000 |
| Interest-bearing deposits | 1,441,482,000 | 1,535,129,000 | 1,628,824,000 | 1,711,850,000 |
| Noninterest-bearing deposits | 169,761,000 | 143,805,000 | 169,858,000 | 168,194,000 |
| Equity capital | 218,126,000 | 223,026,000 | 227,973,000 | 236,732,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 28,627,000 | 60,049,000 | 94,293,000 | 131,477,000 |
| Interest expense | 6,656,000 | 15,108,000 | 26,622,000 | 39,778,000 |
| Net interest income | 21,971,000 | 44,941,000 | 67,671,000 | 91,699,000 |
| Noninterest income | 2,299,000 | 4,595,000 | 6,101,000 | 7,862,000 |
| Noninterest expense | 12,905,000 | 25,789,000 | 39,165,000 | 51,665,000 |
| Provision for loan losses | 1,200,000 | 3,475,000 | 5,275,000 | 7,075,000 |
| Pretax income | 10,172,000 | 20,284,000 | 29,348,000 | 40,922,000 |
| Income tax | 2,523,000 | 5,025,000 | 7,266,000 | 9,735,000 |
| Net income | 7,649,000 | 15,259,000 | 22,082,000 | 31,187,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 220,651,000 | 225,662,000 | 231,312,000 | 238,967,000 |
| Total capital | 243,425,000 | 249,486,000 | 255,991,000 | 264,578,000 |
| Risk-weighted assets | 1,815,195,000 | 1,898,926,000 | 1,966,498,000 | 2,041,418,000 |