Call reports 2024
CHARTER WEST BANK — 2024
What CHARTER WEST BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 447,987,000 | 463,747,000 | 471,182,000 | 467,824,000 |
| Total loans | 343,886,000 | 367,922,000 | 360,720,000 | 370,317,000 |
| Allowance for loan losses | 4,376,000 | 4,444,000 | 4,530,000 | 4,616,000 |
| Securities available for sale | 22,642,000 | 22,490,000 | 22,218,000 | 22,406,000 |
| Securities held to maturity | 6,581,000 | 6,707,000 | 6,647,000 | 6,609,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 397,614,000 | 401,862,000 | 405,616,000 | 414,193,000 |
| Interest-bearing deposits | 330,579,000 | 341,270,000 | 341,570,000 | 340,174,000 |
| Noninterest-bearing deposits | 67,035,000 | 60,592,000 | 64,046,000 | 74,019,000 |
| Equity capital | 38,434,000 | 39,943,000 | 41,720,000 | 41,785,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 6,592,000 | 13,662,000 | 20,898,000 | 28,212,000 |
| Interest expense | 2,714,000 | 5,551,000 | 8,600,000 | 11,493,000 |
| Net interest income | 3,878,000 | 8,111,000 | 12,298,000 | 16,719,000 |
| Noninterest income | 2,287,000 | 6,339,000 | 9,810,000 | 13,092,000 |
| Noninterest expense | 5,273,000 | 11,344,000 | 17,402,000 | 23,483,000 |
| Provision for loan losses | 90,000 | 180,000 | 270,000 | 360,000 |
| Pretax income | 802,000 | 2,926,000 | 4,461,000 | 5,993,000 |
| Income tax | 25,000 | 50,000 | 74,000 | 135,000 |
| Net income | 777,000 | 2,876,000 | 4,387,000 | 5,858,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,787,000 | 42,186,000 | 43,223,000 | 43,843,000 |