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Call reports 2023

COMMUNITY WEST BANK — 2023

What COMMUNITY WEST BANK reported to the FFIEC in 2023, quarter by quarter.

PERIOD: 2023SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/bff098b2-b9fd-4e45-84a9-aa081979dbbf/2023

Balance sheet

What the bank holds and owes at quarter end

Measure2023Q12023Q22023Q32023Q4
Total assets2,463,744,0002,489,713,0002,435,287,0002,431,720,000
Total loans1,285,554,0001,255,658,0001,275,411,0001,290,797,000
Allowance for loan losses15,257,00015,463,00015,534,00014,653,000
Securities available for sale631,524,000619,759,000593,430,000597,196,000
Securities held to maturity304,528,000304,332,000303,732,000303,493,000
Trading assets0000
Total deposits2,176,582,0002,200,284,0002,149,346,0002,042,387,000
Interest-bearing deposits1,200,323,0001,243,206,0001,158,334,0001,090,071,000
Noninterest-bearing deposits976,259,000957,078,000991,012,000952,316,000
Equity capital250,061,000255,575,000249,478,000274,596,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2023Q12023Q22023Q32023Q4
Interest income24,252,00050,346,00076,945,000102,915,000
Interest expense1,665,0006,536,00011,552,00016,337,000
Net interest income22,587,00043,810,00065,393,00086,578,000
Noninterest income1,577,0003,128,0004,819,0006,978,000
Noninterest expense12,940,00026,210,00039,280,00053,548,000
Provision for loan losses518,000702,000967,000-85,000
Pretax income10,477,00020,181,00029,956,00039,070,000
Income tax2,691,0005,150,0007,628,0009,850,000
Net income7,786,00015,031,00022,328,00029,220,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2023Q12023Q22023Q32023Q4
Tier 1 capital270,490,000275,830,000280,627,000285,099,000
Total capital287,359,000292,378,000297,167,000301,642,000
Risk-weighted assets1,715,718,0001,672,534,0001,700,895,0001,700,582,000