Call reports 2024
WESTERN STATE BANK — 2024
What WESTERN STATE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 2,226,120,000 | 2,229,124,000 | 2,300,464,000 | 2,344,400,000 |
| Total loans | 1,981,957,000 | 2,048,457,000 | 2,065,253,000 | 2,103,815,000 |
| Allowance for loan losses | 33,508,000 | 34,730,000 | 34,749,000 | 34,797,000 |
| Securities available for sale | 51,937,000 | 50,971,000 | 59,233,000 | 54,607,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,942,862,000 | 1,933,632,000 | 1,989,115,000 | 2,033,967,000 |
| Interest-bearing deposits | 1,774,214,000 | 1,774,318,000 | 1,826,859,000 | 1,873,413,000 |
| Noninterest-bearing deposits | 168,648,000 | 159,314,000 | 162,256,000 | 160,554,000 |
| Equity capital | 244,565,000 | 251,448,000 | 260,681,000 | 268,655,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 37,825,000 | 78,094,000 | 118,680,000 | 161,126,000 |
| Interest expense | 13,931,000 | 28,748,000 | 44,234,000 | 59,538,000 |
| Net interest income | 23,894,000 | 49,346,000 | 74,446,000 | 101,588,000 |
| Noninterest income | 3,113,000 | 5,298,000 | 8,425,000 | 12,099,000 |
| Noninterest expense | 13,764,000 | 27,898,000 | 41,791,000 | 55,991,000 |
| Provision for loan losses | 2,250,000 | 4,700,000 | 7,600,000 | 13,300,000 |
| Pretax income | 10,992,000 | 22,082,000 | 33,516,000 | 44,470,000 |
| Income tax | 2,723,000 | 4,095,000 | 6,925,000 | 7,844,000 |
| Net income | 8,269,000 | 17,987,000 | 26,591,000 | 36,626,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 246,835,000 | 253,605,000 | 261,859,000 | 270,595,000 |
| Total capital | 272,648,000 | 280,295,000 | 288,784,000 | 297,894,000 |
| Risk-weighted assets | 2,056,693,000 | 2,126,520,000 | 2,145,513,000 | 2,175,779,000 |