Call reports 2008
NEW WEST BANK — 2008
What NEW WEST BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 107,111,000 | 119,276,000 | 123,221,000 | 122,655,000 |
| Total loans | 65,024,000 | 71,917,000 | 71,929,000 | 71,646,000 |
| Allowance for loan losses | 742,000 | 933,000 | 826,000 | 1,138,000 |
| Securities available for sale | 36,023,000 | 40,580,000 | 44,521,000 | 43,845,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 97,022,000 | 110,514,000 | 114,820,000 | 115,838,000 |
| Interest-bearing deposits | 86,514,000 | 98,182,000 | 102,333,000 | 103,709,000 |
| Noninterest-bearing deposits | 10,508,000 | 12,332,000 | 12,487,000 | 12,129,000 |
| Equity capital | 7,966,000 | 8,120,000 | 7,653,000 | 6,130,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,757,000 | 3,525,000 | 5,368,000 | 7,221,000 |
| Interest expense | 884,000 | 1,784,000 | 2,702,000 | 3,588,000 |
| Net interest income | 873,000 | 1,741,000 | 2,666,000 | 3,633,000 |
| Noninterest income | 62,000 | 128,000 | 193,000 | 254,000 |
| Noninterest expense | 683,000 | 1,356,000 | 2,098,000 | 2,812,000 |
| Provision for loan losses | 45,000 | 235,000 | 385,000 | 910,000 |
| Pretax income | 223,000 | 311,000 | 409,000 | 202,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 223,000 | 311,000 | 409,000 | 202,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,942,000 | 9,029,000 | 9,128,000 | 9,621,000 |
| Total capital | 8,684,000 | 9,962,000 | 9,954,000 | 10,671,000 |
| Risk-weighted assets | 77,612,000 | 85,337,000 | 85,264,000 | 83,918,000 |