Call reports 2004
FIRST WESTERN TRUST BANK — 2004
What FIRST WESTERN TRUST BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 9,739,000 | 19,178,000 | 35,714,000 | 59,451,000 |
| Total loans | 189,000 | 6,173,000 | 11,493,000 | 19,225,000 |
| Allowance for loan losses | 2,000 | 10,000 | 34,000 | 75,000 |
| Securities available for sale | 0 | 0 | 9,031,000 | 26,053,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,810,000 | 13,704,000 | 28,797,000 | 52,846,000 |
| Interest-bearing deposits | 3,686,000 | 12,366,000 | 25,272,000 | 48,041,000 |
| Noninterest-bearing deposits | 124,000 | 1,338,000 | 3,525,000 | 4,805,000 |
| Equity capital | 5,874,000 | 5,294,000 | 6,743,000 | 6,376,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 1,000 | 68,000 | 292,000 | 710,000 |
| Interest expense | 2,000 | 37,000 | 121,000 | 264,000 |
| Net interest income | -1,000 | 31,000 | 171,000 | 446,000 |
| Noninterest income | 0 | 18,000 | 43,000 | 109,000 |
| Noninterest expense | 1,468,000 | 2,090,000 | 2,818,000 | 3,456,000 |
| Provision for loan losses | 2,000 | 10,000 | 34,000 | 75,000 |
| Pretax income | -1,471,000 | -2,051,000 | -2,638,000 | -2,976,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -1,471,000 | -2,051,000 | -2,638,000 | -2,976,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,874,000 | 5,294,000 | 6,707,000 | 6,369,000 |
| Total capital | 5,876,000 | 5,304,000 | 6,741,000 | 6,444,000 |
| Risk-weighted assets | 3,247,000 | 11,247,000 | 18,729,000 | 29,451,000 |