Call reports 2016
WESTBOUND BANK — 2016
What WESTBOUND BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 162,303,000 | 174,689,000 | 184,460,000 | 194,528,000 |
| Total loans | 105,585,000 | 122,053,000 | 127,950,000 | 138,853,000 |
| Allowance for loan losses | 1,693,000 | 1,681,000 | 1,706,000 | 1,765,000 |
| Securities available for sale | 22,184,000 | 26,143,000 | 24,362,000 | 23,991,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 138,863,000 | 136,928,000 | 150,283,000 | 160,493,000 |
| Interest-bearing deposits | 102,554,000 | 103,157,000 | 114,244,000 | 123,277,000 |
| Noninterest-bearing deposits | 36,309,000 | 33,771,000 | 36,039,000 | 37,216,000 |
| Equity capital | 22,455,000 | 22,661,000 | 22,909,000 | 22,710,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,540,000 | 3,225,000 | 5,130,000 | 7,093,000 |
| Interest expense | 208,000 | 425,000 | 692,000 | 988,000 |
| Net interest income | 1,332,000 | 2,800,000 | 4,438,000 | 6,105,000 |
| Noninterest income | 511,000 | 707,000 | 1,038,000 | 2,007,000 |
| Noninterest expense | 1,589,000 | 3,102,000 | 4,652,000 | 6,255,000 |
| Provision for loan losses | 0 | 0 | 0 | 47,000 |
| Pretax income | 246,000 | 399,000 | 818,000 | 1,804,000 |
| Income tax | 61,000 | 79,000 | 192,000 | 495,000 |
| Net income | 185,000 | 320,000 | 626,000 | 1,309,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,438,000 | 22,581,000 | 22,896,000 | 23,449,000 |
| Total capital | 24,131,000 | 24,262,000 | 24,602,000 | 25,214,000 |
| Risk-weighted assets | 145,162,000 | 158,893,000 | 169,097,000 | 171,813,000 |