Call reports 2014
WESTBOUND BANK — 2014
What WESTBOUND BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 141,955,000 | 140,793,000 | 146,562,000 | 144,078,000 |
| Total loans | 66,378,000 | 72,864,000 | 75,739,000 | 84,822,000 |
| Allowance for loan losses | 1,257,000 | 1,303,000 | 1,591,000 | 1,618,000 |
| Securities available for sale | 3,188,000 | 7,200,000 | 9,640,000 | 17,100,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 118,718,000 | 116,927,000 | 121,516,000 | 118,912,000 |
| Interest-bearing deposits | 92,599,000 | 91,861,000 | 92,451,000 | 93,189,000 |
| Noninterest-bearing deposits | 26,119,000 | 25,066,000 | 29,065,000 | 25,723,000 |
| Equity capital | 22,330,000 | 22,756,000 | 23,636,000 | 23,907,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,122,000 | 2,240,000 | 3,540,000 | 4,783,000 |
| Interest expense | 185,000 | 359,000 | 536,000 | 711,000 |
| Net interest income | 937,000 | 1,881,000 | 3,004,000 | 4,072,000 |
| Noninterest income | 882,000 | 1,301,000 | 2,209,000 | 2,389,000 |
| Noninterest expense | 1,412,000 | 2,756,000 | 4,222,000 | 5,469,000 |
| Provision for loan losses | -198,000 | -248,000 | -248,000 | -248,000 |
| Pretax income | 605,000 | 674,000 | 1,239,000 | 1,240,000 |
| Income tax | -250,000 | -600,000 | -900,000 | -1,170,000 |
| Net income | 855,000 | 1,274,000 | 2,139,000 | 2,410,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,194,000 | 22,635,000 | 23,507,000 | 22,696,000 |
| Total capital | 23,388,000 | 23,933,000 | 24,852,000 | 24,095,000 |
| Risk-weighted assets | 95,431,000 | 103,854,000 | 107,333,000 | 111,736,000 |