Call reports 2009
WESTBOUND BANK — 2009
What WESTBOUND BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 164,951,000 | 168,691,000 | 167,181,000 | 159,194,000 |
| Total loans | 136,105,000 | 138,176,000 | 138,437,000 | 124,095,000 |
| Allowance for loan losses | 1,334,000 | 1,196,000 | 1,532,000 | 1,677,000 |
| Securities available for sale | 8,560,000 | 7,499,000 | 9,744,000 | 16,755,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 129,882,000 | 133,507,000 | 131,805,000 | 123,997,000 |
| Interest-bearing deposits | 113,402,000 | 113,579,000 | 111,422,000 | 106,142,000 |
| Noninterest-bearing deposits | 16,480,000 | 19,928,000 | 20,384,000 | 17,855,000 |
| Equity capital | 20,563,000 | 20,562,000 | 20,527,000 | 20,435,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 1,908,000 | 4,085,000 | 6,188,000 | 8,171,000 |
| Interest expense | 890,000 | 1,772,000 | 2,549,000 | 3,260,000 |
| Net interest income | 1,018,000 | 2,313,000 | 3,639,000 | 4,911,000 |
| Noninterest income | 172,000 | 523,000 | 1,102,000 | 1,664,000 |
| Noninterest expense | 1,225,000 | 2,743,000 | 4,504,000 | 6,191,000 |
| Provision for loan losses | 457,000 | 580,000 | 920,000 | 1,160,000 |
| Pretax income | -471,000 | -463,000 | -595,000 | -658,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -471,000 | -463,000 | -595,000 | -658,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,501,000 | 20,525,000 | 20,421,000 | 20,384,000 |
| Total capital | 21,835,000 | 21,721,000 | 21,953,000 | 22,061,000 |
| Risk-weighted assets | 152,473,000 | 154,081,000 | 149,004,000 | 134,562,000 |