Call reports 2024
FIRST WESTERN TRUST BANK — 2024
What FIRST WESTERN TRUST 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 | 2,927,316,000 | 2,933,636,000 | 2,906,182,000 | 2,913,562,000 |
| Total loans | 2,485,979,000 | 2,482,896,000 | 2,395,996,000 | 2,451,271,000 |
| Allowance for loan losses | 24,630,000 | 27,319,000 | 18,796,000 | 18,330,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 72,374,000 | 78,998,000 | 76,816,000 | 75,795,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,552,680,000 | 2,431,032,000 | 2,520,970,000 | 2,531,386,000 |
| Interest-bearing deposits | 2,097,734,000 | 2,014,189,000 | 2,029,478,000 | 2,138,605,000 |
| Noninterest-bearing deposits | 454,946,000 | 416,843,000 | 491,492,000 | 392,781,000 |
| Equity capital | 272,904,000 | 275,608,000 | 278,247,000 | 282,490,000 |
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 | 39,106,000 | 77,312,000 | 115,551,000 | 153,865,000 |
| Interest expense | 21,776,000 | 43,499,000 | 65,468,000 | 86,037,000 |
| Net interest income | 17,330,000 | 33,813,000 | 50,083,000 | 67,828,000 |
| Noninterest income | 7,843,000 | 16,581,000 | 24,963,000 | 31,760,000 |
| Noninterest expense | 20,558,000 | 41,117,000 | 61,807,000 | 82,445,000 |
| Provision for loan losses | 699,000 | 3,379,000 | 4,175,000 | 3,439,000 |
| Pretax income | 4,537,000 | 6,863,000 | 10,348,000 | 15,177,000 |
| Income tax | 1,254,000 | 1,403,000 | 2,207,000 | 3,560,000 |
| Net income | 3,283,000 | 5,460,000 | 8,141,000 | 11,617,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 246,644,000 | 249,300,000 | 252,549,000 | 256,419,000 |
| Total capital | 269,484,000 | 274,517,000 | 268,969,000 | 271,981,000 |
| Risk-weighted assets | 2,242,487,000 | 2,222,897,000 | 2,217,338,000 | 2,247,181,000 |