Call reports 2013
WESTBOUND BANK — 2013
What WESTBOUND BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 133,359,000 | 138,441,000 | 138,126,000 | 136,931,000 |
| Total loans | 83,409,000 | 86,186,000 | 82,008,000 | 77,897,000 |
| Allowance for loan losses | 1,482,000 | 1,312,000 | 1,422,000 | 1,247,000 |
| Securities available for sale | 21,760,000 | 24,104,000 | 25,118,000 | 117,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 111,322,000 | 116,612,000 | 116,122,000 | 114,479,000 |
| Interest-bearing deposits | 92,801,000 | 92,925,000 | 92,240,000 | 91,868,000 |
| Noninterest-bearing deposits | 18,521,000 | 23,687,000 | 23,882,000 | 22,611,000 |
| Equity capital | 21,156,000 | 20,863,000 | 20,933,000 | 21,476,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,290,000 | 2,659,000 | 4,067,000 | 5,394,000 |
| Interest expense | 199,000 | 400,000 | 599,000 | 790,000 |
| Net interest income | 1,091,000 | 2,259,000 | 3,468,000 | 4,604,000 |
| Noninterest income | 726,000 | 874,000 | 1,088,000 | 1,566,000 |
| Noninterest expense | 1,476,000 | 2,813,000 | 4,077,000 | 5,437,000 |
| Provision for loan losses | -227,000 | -417,000 | -417,000 | -752,000 |
| Pretax income | 573,000 | 745,000 | 904,000 | 1,118,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 573,000 | 745,000 | 904,000 | 1,118,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,765,000 | 20,958,000 | 21,132,000 | 21,345,000 |
| Total capital | 22,089,000 | 22,270,000 | 22,428,000 | 22,545,000 |
| Risk-weighted assets | 105,745,000 | 108,505,000 | 103,521,000 | 95,915,000 |