Call reports 2008
FIRST WESTERN TRUST BANK — 2008
What FIRST WESTERN TRUST BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 232,407,000 | 289,331,000 | 332,457,000 | 342,622,000 |
| Total loans | 186,793,000 | 242,681,000 | 274,183,000 | 303,417,000 |
| Allowance for loan losses | 1,633,000 | 2,112,000 | 2,393,000 | 3,126,000 |
| Securities available for sale | 14,222,000 | 13,222,000 | 13,228,000 | 23,084,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 179,339,000 | 183,190,000 | 241,520,000 | 244,107,000 |
| Interest-bearing deposits | 161,713,000 | 162,977,000 | 214,243,000 | 206,685,000 |
| Noninterest-bearing deposits | 17,626,000 | 20,213,000 | 27,277,000 | 37,422,000 |
| Equity capital | 23,580,000 | 28,070,000 | 30,923,000 | 32,899,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 3,399,000 | 7,013,000 | 11,156,000 | 16,107,000 |
| Interest expense | 1,471,000 | 2,704,000 | 4,236,000 | 5,612,000 |
| Net interest income | 1,928,000 | 4,309,000 | 6,920,000 | 10,495,000 |
| Noninterest income | 1,428,000 | 2,944,000 | 4,418,000 | 5,787,000 |
| Noninterest expense | 3,206,000 | 6,894,000 | 10,828,000 | 15,256,000 |
| Provision for loan losses | 206,000 | 684,000 | 1,077,000 | 1,856,000 |
| Pretax income | -56,000 | -325,000 | -567,000 | -830,000 |
| Income tax | 16,000 | 32,000 | 49,000 | 65,000 |
| Net income | -72,000 | -357,000 | -616,000 | -895,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,984,000 | 23,720,000 | 26,607,000 | 29,059,000 |
| Total capital | 20,617,000 | 25,832,000 | 28,999,000 | 32,185,000 |
| Risk-weighted assets | 198,054,000 | 256,100,000 | 285,325,000 | 318,591,000 |