Call reports 2020
FIRST WESTERN TRUST BANK — 2020
What FIRST WESTERN TRUST BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 1,344,503,000 | 1,800,735,000 | 1,963,459,000 | 1,967,645,000 |
| Total loans | 1,104,619,000 | 1,487,510,000 | 1,590,974,000 | 1,687,465,000 |
| Allowance for loan losses | 8,242,000 | 10,354,000 | 11,845,000 | 12,539,000 |
| Securities available for sale | 52,500,000 | 47,017,000 | 40,654,000 | 36,666,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,197,061,000 | 1,413,406,000 | 1,572,273,000 | 1,634,180,000 |
| Interest-bearing deposits | 907,846,000 | 1,008,869,000 | 1,090,709,000 | 1,138,453,000 |
| Noninterest-bearing deposits | 289,215,000 | 404,537,000 | 481,564,000 | 495,727,000 |
| Equity capital | 116,530,000 | 137,648,000 | 148,010,000 | 157,377,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 11,946,000 | 24,973,000 | 40,041,000 | 55,949,000 |
| Interest expense | 2,444,000 | 3,892,000 | 5,163,000 | 6,378,000 |
| Net interest income | 9,502,000 | 21,081,000 | 34,878,000 | 49,571,000 |
| Noninterest income | 8,912,000 | 27,084,000 | 47,944,000 | 61,178,000 |
| Noninterest expense | 15,525,000 | 31,507,000 | 51,847,000 | 71,717,000 |
| Provision for loan losses | 367,000 | 2,492,000 | 3,988,000 | 4,682,000 |
| Pretax income | 2,511,000 | 14,183,000 | 27,004,000 | 34,365,000 |
| Income tax | 457,000 | 3,193,000 | 6,265,000 | 8,479,000 |
| Net income | 2,054,000 | 10,990,000 | 20,739,000 | 25,886,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 102,022,000 | 117,028,000 | 127,441,000 | 133,963,000 |
| Total capital | 110,652,000 | 127,782,000 | 139,647,000 | 146,853,000 |
| Risk-weighted assets | 985,424,000 | 1,156,823,000 | 1,239,854,000 | 1,311,004,000 |