Call reports 2024
COMMUNITY WEST BANK — 2024
What COMMUNITY WEST 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 | 2,415,416,000 | 3,484,527,000 | 3,531,200,000 | 3,518,255,000 |
| Total loans | 1,286,609,000 | 2,256,571,000 | 2,297,143,000 | 2,334,221,000 |
| Allowance for loan losses | 14,658,000 | 24,940,000 | 24,891,000 | 25,803,000 |
| Securities available for sale | 573,534,000 | 531,504,000 | 503,964,000 | 477,113,000 |
| Securities held to maturity | 303,406,000 | 303,442,000 | 302,777,000 | 302,515,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,031,531,000 | 2,868,115,000 | 2,922,480,000 | 2,911,079,000 |
| Interest-bearing deposits | 1,120,073,000 | 1,793,418,000 | 1,845,272,000 | 1,929,952,000 |
| Noninterest-bearing deposits | 911,458,000 | 1,074,697,000 | 1,077,208,000 | 981,127,000 |
| Equity capital | 279,718,000 | 419,080,000 | 430,170,000 | 428,753,000 |
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 | 25,784,000 | 69,941,000 | 115,464,000 | 161,189,000 |
| Interest expense | 5,639,000 | 19,664,000 | 33,817,000 | 46,357,000 |
| Net interest income | 20,145,000 | 50,277,000 | 81,647,000 | 114,832,000 |
| Noninterest income | 1,919,000 | 5,108,000 | 7,588,000 | 9,795,000 |
| Noninterest expense | 14,824,000 | 41,268,000 | 68,385,000 | 90,698,000 |
| Provision for loan losses | 530,000 | 10,033,000 | 9,822,000 | 10,792,000 |
| Pretax income | 6,222,000 | 1,266,000 | 6,903,000 | 18,605,000 |
| Income tax | 1,545,000 | 301,000 | 1,466,000 | 5,082,000 |
| Net income | 4,677,000 | 965,000 | 5,437,000 | 13,523,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 288,112,000 | 374,932,000 | 371,682,000 | 377,411,000 |
| Total capital | 304,705,000 | 402,136,000 | 398,531,000 | 405,425,000 |
| Risk-weighted assets | 1,701,006,000 | 2,680,455,000 | 2,730,302,000 | 2,788,547,000 |