Call reports 2007
WESTERN COMMERCIAL BANK — 2007
What WESTERN COMMERCIAL BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 53,132,000 | 62,353,000 | 73,954,000 | 91,401,000 |
| Total loans | 43,346,000 | 54,867,000 | 63,316,000 | 76,140,000 |
| Allowance for loan losses | 545,000 | 690,000 | 800,000 | 870,000 |
| Securities available for sale | 1,872,000 | 1,708,000 | 1,630,000 | 4,612,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 42,487,000 | 51,777,000 | 61,225,000 | 78,489,000 |
| Interest-bearing deposits | 36,069,000 | 43,808,000 | 51,744,000 | 68,298,000 |
| Noninterest-bearing deposits | 6,418,000 | 7,969,000 | 9,480,000 | 10,191,000 |
| Equity capital | 10,320,000 | 10,163,000 | 10,114,000 | 10,289,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 840,000 | 2,007,000 | 3,331,000 | 4,979,000 |
| Interest expense | 355,000 | 879,000 | 1,494,000 | 2,282,000 |
| Net interest income | 485,000 | 1,128,000 | 1,837,000 | 2,697,000 |
| Noninterest income | 13,000 | 25,000 | 41,000 | 93,000 |
| Noninterest expense | 730,000 | 1,418,000 | 2,151,000 | 2,903,000 |
| Provision for loan losses | 148,000 | 293,000 | 403,000 | 473,000 |
| Pretax income | -380,000 | -558,000 | -676,000 | -586,000 |
| Income tax | 0 | 1,000 | 1,000 | 1,000 |
| Net income | -380,000 | -559,000 | -677,000 | -587,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,308,000 | 10,158,000 | 10,091,000 | 10,230,000 |
| Total capital | 10,853,000 | 10,848,000 | 10,891,000 | 11,100,000 |
| Risk-weighted assets | 47,450,000 | 57,345,000 | 68,509,000 | 80,671,000 |