Call reports 2020
CHARTER WEST BANK — 2020
What CHARTER WEST BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 301,402,000 | 331,852,000 | 347,651,000 | 357,399,000 |
| Total loans | 215,937,000 | 253,835,000 | 277,550,000 | 250,980,000 |
| Allowance for loan losses | 2,485,000 | 2,577,000 | 2,670,000 | 3,055,000 |
| Securities available for sale | 17,015,000 | 16,328,000 | 16,505,000 | 15,449,000 |
| Securities held to maturity | 8,538,000 | 8,068,000 | 8,124,000 | 8,251,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 248,340,000 | 274,238,000 | 281,595,000 | 300,776,000 |
| Interest-bearing deposits | 202,720,000 | 203,872,000 | 207,918,000 | 215,794,000 |
| Noninterest-bearing deposits | 45,619,000 | 70,366,000 | 73,677,000 | 84,982,000 |
| Equity capital | 29,732,000 | 33,320,000 | 35,201,000 | 33,745,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 3,223,000 | 6,406,000 | 9,650,000 | 12,738,000 |
| Interest expense | 918,000 | 1,749,000 | 2,500,000 | 3,147,000 |
| Net interest income | 2,305,000 | 4,657,000 | 7,150,000 | 9,591,000 |
| Noninterest income | 3,596,000 | 9,973,000 | 19,122,000 | 27,996,000 |
| Noninterest expense | 5,136,000 | 10,160,000 | 17,372,000 | 26,587,000 |
| Provision for loan losses | 15,000 | 105,000 | 195,000 | 655,000 |
| Pretax income | 750,000 | 4,365,000 | 8,705,000 | 10,345,000 |
| Income tax | 25,000 | 50,000 | 75,000 | 125,000 |
| Net income | 725,000 | 4,315,000 | 8,630,000 | 10,220,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,644,000 | 32,234,000 | 34,149,000 | 32,739,000 |