Call reports 2008
WESTERN BANK — 2008
What WESTERN 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 | 66,573,000 | 66,941,000 | 71,017,000 | 69,105,000 |
| Total loans | 44,068,000 | 41,511,000 | 40,754,000 | 40,496,000 |
| Allowance for loan losses | 720,000 | 722,000 | 681,000 | 660,000 |
| Securities available for sale | 1,520,000 | 1,481,000 | 1,449,000 | 1,438,000 |
| Securities held to maturity | 9,255,000 | 8,794,000 | 8,494,000 | 7,726,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 47,916,000 | 48,290,000 | 47,799,000 | 44,144,000 |
| Interest-bearing deposits | 39,629,000 | 39,730,000 | 39,033,000 | 36,223,000 |
| Noninterest-bearing deposits | 8,287,000 | 8,560,000 | 8,766,000 | 7,921,000 |
| Equity capital | 8,642,000 | 8,664,000 | 8,730,000 | 8,858,000 |
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 | 1,096,000 | 2,144,000 | 3,217,000 | 4,311,000 |
| Interest expense | 370,000 | 736,000 | 1,069,000 | 1,402,000 |
| Net interest income | 726,000 | 1,408,000 | 2,148,000 | 2,909,000 |
| Noninterest income | 120,000 | 256,000 | 388,000 | 596,000 |
| Noninterest expense | 710,000 | 1,406,000 | 2,105,000 | 2,796,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 136,000 | 258,000 | 431,000 | 709,000 |
| Income tax | 51,000 | 98,000 | 165,000 | 233,000 |
| Net income | 85,000 | 160,000 | 266,000 | 476,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,642,000 | 8,654,000 | 8,723,000 | 8,856,000 |
| Total capital | 9,151,000 | 9,137,000 | 9,207,000 | 9,294,000 |
| Risk-weighted assets | 40,458,000 | 38,418,000 | 38,485,000 | 34,761,000 |