Call reports 2006
WESTERN COMMERCIAL BANK — 2006
What WESTERN COMMERCIAL BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 13,639,000 | 14,986,000 | 25,878,000 | 39,450,000 |
| Total loans | 1,609,000 | 7,001,000 | 17,550,000 | 31,662,000 |
| Allowance for loan losses | 30,000 | 85,000 | 200,000 | 397,000 |
| Securities available for sale | 2,956,000 | 2,921,000 | 2,803,000 | 1,921,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,461,000 | 3,264,000 | 14,581,000 | 28,532,000 |
| Interest-bearing deposits | 1,295,000 | 2,447,000 | 11,260,000 | 22,947,000 |
| Noninterest-bearing deposits | 166,000 | 817,000 | 3,321,000 | 5,585,000 |
| Equity capital | 12,008,000 | 11,537,000 | 11,043,000 | 10,647,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 91,000 | 267,000 | 551,000 | 1,069,000 |
| Interest expense | 9,000 | 27,000 | 89,000 | 249,000 |
| Net interest income | 82,000 | 240,000 | 462,000 | 820,000 |
| Noninterest income | 1,000 | 9,000 | 16,000 | 30,000 |
| Noninterest expense | 1,776,000 | 2,353,000 | 3,024,000 | 3,663,000 |
| Provision for loan losses | 30,000 | 85,000 | 200,000 | 398,000 |
| Pretax income | -1,723,000 | -2,189,000 | -2,746,000 | -3,211,000 |
| Income tax | 0 | 1,000 | 1,000 | 1,000 |
| Net income | -1,723,000 | -2,190,000 | -2,747,000 | -3,212,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,008,000 | 11,541,000 | 11,040,000 | 10,631,000 |
| Total capital | 12,038,000 | 11,626,000 | 11,240,000 | 11,028,000 |
| Risk-weighted assets | 4,946,000 | 10,657,000 | 21,786,000 | 36,358,000 |