Call reports 2017
WESTBOUND BANK — 2017
What WESTBOUND BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 202,322,000 | 207,721,000 | 223,926,000 | 228,269,000 |
| Total loans | 140,951,000 | 153,924,000 | 168,402,000 | 160,316,000 |
| Allowance for loan losses | 1,786,000 | 1,921,000 | 2,080,000 | 1,953,000 |
| Securities available for sale | 23,772,000 | 23,449,000 | 16,559,000 | 16,094,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 168,145,000 | 167,594,000 | 183,062,000 | 188,516,000 |
| Interest-bearing deposits | 131,267,000 | 134,120,000 | 145,975,000 | 148,185,000 |
| Noninterest-bearing deposits | 36,878,000 | 33,474,000 | 37,087,000 | 40,331,000 |
| Equity capital | 23,023,000 | 23,888,000 | 24,450,000 | 24,484,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,996,000 | 4,190,000 | 6,570,000 | 9,028,000 |
| Interest expense | 318,000 | 668,000 | 1,075,000 | 1,526,000 |
| Net interest income | 1,678,000 | 3,522,000 | 5,495,000 | 7,502,000 |
| Noninterest income | 572,000 | 1,066,000 | 1,685,000 | 2,544,000 |
| Noninterest expense | 1,413,000 | 3,009,000 | 4,756,000 | 6,924,000 |
| Provision for loan losses | 0 | 127,000 | 288,000 | 460,000 |
| Pretax income | 837,000 | 1,445,000 | 2,103,000 | 2,629,000 |
| Income tax | 383,000 | 561,000 | 656,000 | 1,330,000 |
| Net income | 454,000 | 884,000 | 1,447,000 | 1,299,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,635,000 | 24,071,000 | 24,641,000 | 24,818,000 |
| Total capital | 25,421,000 | 25,992,000 | 26,721,000 | 26,771,000 |
| Risk-weighted assets | 173,559,000 | 182,425,000 | 189,449,000 | 182,374,000 |