Call reports 2023
CHARTER WEST BANK — 2023
What CHARTER WEST BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 429,447,000 | 430,135,000 | 431,988,000 | 444,148,000 |
| Total loans | 320,102,000 | 332,286,000 | 339,551,000 | 345,631,000 |
| Allowance for loan losses | 4,082,000 | 4,174,000 | 4,265,000 | 4,358,000 |
| Securities available for sale | 24,733,000 | 23,853,000 | 23,148,000 | 23,302,000 |
| Securities held to maturity | 6,444,000 | 6,704,000 | 6,651,000 | 6,639,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 381,855,000 | 380,518,000 | 381,782,000 | 382,333,000 |
| Interest-bearing deposits | 310,854,000 | 313,874,000 | 316,348,000 | 311,772,000 |
| Noninterest-bearing deposits | 71,001,000 | 66,644,000 | 65,434,000 | 70,561,000 |
| Equity capital | 35,946,000 | 37,356,000 | 38,361,000 | 37,824,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 5,165,000 | 10,978,000 | 17,243,000 | 23,857,000 |
| Interest expense | 1,663,000 | 3,634,000 | 5,767,000 | 8,259,000 |
| Net interest income | 3,502,000 | 7,344,000 | 11,476,000 | 15,598,000 |
| Noninterest income | 2,065,000 | 5,340,000 | 8,232,000 | 10,852,000 |
| Noninterest expense | 5,022,000 | 10,508,000 | 15,933,000 | 21,134,000 |
| Provision for loan losses | 90,000 | 185,000 | 279,000 | 369,000 |
| Pretax income | 455,000 | 1,991,000 | 3,496,000 | 4,947,000 |
| Income tax | 25,000 | 50,000 | 75,000 | 145,000 |
| Net income | 430,000 | 1,941,000 | 3,421,000 | 4,802,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,538,000 | 40,048,000 | 41,528,000 | 40,010,000 |