Call reports 2010
WESTBOUND BANK — 2010
What WESTBOUND BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 165,569,000 | 161,091,000 | 158,788,000 | 156,553,000 |
| Total loans | 126,681,000 | 119,518,000 | 112,058,000 | 109,650,000 |
| Allowance for loan losses | 1,853,000 | 1,724,000 | 1,676,000 | 2,011,000 |
| Securities available for sale | 5,698,000 | 12,298,000 | 15,822,000 | 16,000,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 130,295,000 | 126,743,000 | 126,416,000 | 127,179,000 |
| Interest-bearing deposits | 107,518,000 | 112,199,000 | 108,779,000 | 108,260,000 |
| Noninterest-bearing deposits | 22,778,000 | 14,544,000 | 17,637,000 | 18,919,000 |
| Equity capital | 20,260,000 | 20,678,000 | 20,840,000 | 20,278,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,983,000 | 3,974,000 | 5,654,000 | 7,281,000 |
| Interest expense | 601,000 | 1,170,000 | 1,711,000 | 2,187,000 |
| Net interest income | 1,382,000 | 2,804,000 | 3,943,000 | 5,094,000 |
| Noninterest income | 156,000 | 760,000 | 1,452,000 | 1,862,000 |
| Noninterest expense | 1,508,000 | 3,074,000 | 4,519,000 | 6,265,000 |
| Provision for loan losses | 195,000 | 290,000 | 565,000 | 895,000 |
| Pretax income | -182,000 | 183,000 | 294,000 | -221,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -182,000 | 183,000 | 294,000 | -221,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,183,000 | 20,569,000 | 20,689,000 | 20,214,000 |
| Total capital | 21,863,000 | 22,234,000 | 22,292,000 | 21,870,000 |
| Risk-weighted assets | 134,238,000 | 133,176,000 | 131,117,000 | 132,101,000 |