Call reports 2023
WEST IOWA BANK — 2023
What WEST IOWA 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 | 172,559,000 | 167,717,000 | 169,330,000 | 178,343,000 |
| Total loans | 85,976,000 | 88,511,000 | 92,302,000 | 98,427,000 |
| Allowance for loan losses | 1,233,000 | 1,234,000 | 1,236,000 | 1,239,000 |
| Securities available for sale | 67,738,000 | 65,743,000 | 62,922,000 | 65,835,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 143,335,000 | 137,890,000 | 136,398,000 | 141,877,000 |
| Interest-bearing deposits | 111,799,000 | 105,458,000 | 104,935,000 | 106,719,000 |
| Noninterest-bearing deposits | 31,536,000 | 32,432,000 | 31,463,000 | 35,158,000 |
| Equity capital | 19,598,000 | 19,349,000 | 18,373,000 | 21,204,000 |
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 | 1,725,000 | 3,526,000 | 5,376,000 | 7,373,000 |
| Interest expense | 352,000 | 814,000 | 1,340,000 | 1,979,000 |
| Net interest income | 1,373,000 | 2,712,000 | 4,036,000 | 5,394,000 |
| Noninterest income | 80,000 | 156,000 | 233,000 | 318,000 |
| Noninterest expense | 694,000 | 1,385,000 | 2,100,000 | 2,845,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 759,000 | 1,483,000 | 2,169,000 | 2,867,000 |
| Income tax | 165,000 | 318,000 | 461,000 | 607,000 |
| Net income | 594,000 | 1,165,000 | 1,708,000 | 2,260,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,050,000 | 23,322,000 | 23,865,000 | 24,416,000 |