Call reports 2003
FIRST WESTERN BANK — 2003
What FIRST WESTERN BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 31,711,000 | 30,539,000 | 30,193,000 | 29,271,000 |
| Total loans | 16,072,000 | 15,711,000 | 15,932,000 | 15,488,000 |
| Allowance for loan losses | 151,000 | 151,000 | 145,000 | 146,000 |
| Securities available for sale | 8,425,000 | 7,746,000 | 8,101,000 | 9,335,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 27,295,000 | 26,195,000 | 26,123,000 | 25,088,000 |
| Interest-bearing deposits | 14,547,000 | 13,861,000 | 13,120,000 | 14,004,000 |
| Noninterest-bearing deposits | 12,748,000 | 12,334,000 | 13,003,000 | 11,084,000 |
| Equity capital | 3,720,000 | 3,739,000 | 3,721,000 | 3,773,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 360,000 | 714,000 | 1,053,000 | 1,414,000 |
| Interest expense | 38,000 | 65,000 | 87,000 | 107,000 |
| Net interest income | 322,000 | 649,000 | 966,000 | 1,307,000 |
| Noninterest income | 100,000 | 175,000 | 245,000 | 319,000 |
| Noninterest expense | 346,000 | 673,000 | 1,002,000 | 1,342,000 |
| Provision for loan losses | 5,000 | 5,000 | 5,000 | 5,000 |
| Pretax income | 71,000 | 146,000 | 204,000 | 279,000 |
| Income tax | 25,000 | 54,000 | 76,000 | 95,000 |
| Net income | 46,000 | 92,000 | 128,000 | 184,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,629,000 | 3,675,000 | 3,711,000 | 3,767,000 |
| Total capital | 3,780,000 | 3,826,000 | 3,856,000 | 3,913,000 |
| Risk-weighted assets | 19,602,000 | 18,986,000 | 19,091,000 | 18,489,000 |