Call reports 2011
WESTBOUND BANK — 2011
What WESTBOUND BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 152,534,000 | 144,544,000 | 144,104,000 | 152,093,000 |
| Total loans | 95,837,000 | 93,052,000 | 89,368,000 | 87,159,000 |
| Allowance for loan losses | 1,758,000 | 2,582,000 | 2,564,000 | 2,697,000 |
| Securities available for sale | 11,451,000 | 12,606,000 | 14,024,000 | 23,438,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 121,060,000 | 114,486,000 | 115,012,000 | 124,208,000 |
| Interest-bearing deposits | 101,947,000 | 96,291,000 | 96,000,000 | 100,424,000 |
| Noninterest-bearing deposits | 19,113,000 | 18,195,000 | 19,012,000 | 23,784,000 |
| Equity capital | 20,187,000 | 18,699,000 | 19,107,000 | 18,923,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 1,611,000 | 3,049,000 | 4,648,000 | 6,051,000 |
| Interest expense | 400,000 | 754,000 | 1,086,000 | 1,404,000 |
| Net interest income | 1,211,000 | 2,295,000 | 3,562,000 | 4,647,000 |
| Noninterest income | 1,086,000 | 669,000 | 1,488,000 | 2,043,000 |
| Noninterest expense | 1,838,000 | 3,320,000 | 4,979,000 | 6,460,000 |
| Provision for loan losses | 574,000 | 1,374,000 | 1,419,000 | 1,649,000 |
| Pretax income | -106,000 | -1,721,000 | -1,336,000 | -1,400,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -106,000 | -1,721,000 | -1,336,000 | -1,400,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,063,000 | 18,468,000 | 18,862,000 | 18,814,000 |
| Total capital | 21,591,000 | 19,896,000 | 20,271,000 | 20,192,000 |
| Risk-weighted assets | 122,046,000 | 113,104,000 | 111,580,000 | 108,916,000 |