Call reports 2007
NEW WEST BANK — 2007
What NEW WEST BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 88,043,000 | 93,585,000 | 96,368,000 | 103,428,000 |
| Total loans | 44,876,000 | 50,281,000 | 57,702,000 | 63,518,000 |
| Allowance for loan losses | 669,000 | 692,000 | 707,000 | 722,000 |
| Securities available for sale | 27,095,000 | 31,649,000 | 31,509,000 | 34,827,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 80,423,000 | 85,866,000 | 88,022,000 | 94,410,000 |
| Interest-bearing deposits | 72,154,000 | 75,972,000 | 78,084,000 | 83,409,000 |
| Noninterest-bearing deposits | 8,269,000 | 9,894,000 | 9,938,000 | 11,001,000 |
| Equity capital | 6,820,000 | 6,753,000 | 7,320,000 | 7,886,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 1,481,000 | 3,070,000 | 4,822,000 | 6,627,000 |
| Interest expense | 747,000 | 1,563,000 | 2,438,000 | 3,350,000 |
| Net interest income | 734,000 | 1,507,000 | 2,384,000 | 3,277,000 |
| Noninterest income | 64,000 | 141,000 | 167,000 | 227,000 |
| Noninterest expense | 624,000 | 1,274,000 | 1,946,000 | 2,665,000 |
| Provision for loan losses | 0 | 15,000 | 30,000 | 45,000 |
| Pretax income | 174,000 | 359,000 | 575,000 | 806,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 174,000 | 359,000 | 575,000 | 806,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,888,000 | 7,072,000 | 7,289,000 | 7,769,000 |
| Total capital | 7,557,000 | 7,764,000 | 7,996,000 | 8,491,000 |
| Risk-weighted assets | 58,775,000 | 64,310,000 | 70,179,000 | 75,972,000 |