Call reports 2003
NEW WEST BANK — 2003
What NEW WEST BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 15,371,000 | 19,173,000 | 25,256,000 | 31,197,000 |
| Total loans | 7,315,000 | 14,932,000 | 20,983,000 | 24,587,000 |
| Allowance for loan losses | 70,000 | 150,000 | 210,000 | 250,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 9,790,000 | 13,827,000 | 20,037,000 | 26,092,000 |
| Interest-bearing deposits | 7,097,000 | 11,576,000 | 17,989,000 | 23,054,000 |
| Noninterest-bearing deposits | 2,693,000 | 2,251,000 | 2,047,000 | 3,038,000 |
| Equity capital | 5,517,000 | 5,276,000 | 5,058,000 | 4,938,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 46,000 | 234,000 | 503,000 | 854,000 |
| Interest expense | 12,000 | 68,000 | 156,000 | 277,000 |
| Net interest income | 34,000 | 166,000 | 347,000 | 577,000 |
| Noninterest income | 0 | 4,000 | 10,000 | 18,000 |
| Noninterest expense | 197,000 | 494,000 | 839,000 | 1,157,000 |
| Provision for loan losses | 70,000 | 150,000 | 210,000 | 250,000 |
| Pretax income | -233,000 | -474,000 | -692,000 | -812,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -233,000 | -474,000 | -692,000 | -812,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,517,000 | 5,276,000 | 5,058,000 | 4,938,000 |
| Total capital | 5,587,000 | 5,426,000 | 5,268,000 | 5,188,000 |
| Risk-weighted assets | 9,103,000 | 15,584,000 | 21,973,000 | 25,972,000 |