Call reports 2008
WESTERN COMMERCIAL BANK — 2008
What WESTERN COMMERCIAL BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 104,361,000 | 121,409,000 | 123,095,000 | 121,485,000 |
| Total loans | 83,315,000 | 92,869,000 | 99,181,000 | 103,337,000 |
| Allowance for loan losses | 940,000 | 1,020,000 | 1,369,000 | 1,655,000 |
| Securities available for sale | 10,502,000 | 11,578,000 | 11,235,000 | 1,017,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 89,350,000 | 106,480,000 | 107,971,000 | 105,182,000 |
| Interest-bearing deposits | 76,888,000 | 95,401,000 | 95,026,000 | 95,994,000 |
| Noninterest-bearing deposits | 12,463,000 | 11,080,000 | 12,945,000 | 9,188,000 |
| Equity capital | 10,413,000 | 10,236,000 | 10,253,000 | 9,927,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,706,000 | 3,558,000 | 5,324,000 | 7,159,000 |
| Interest expense | 808,000 | 1,712,000 | 2,635,000 | 3,580,000 |
| Net interest income | 898,000 | 1,846,000 | 2,689,000 | 3,579,000 |
| Noninterest income | 99,000 | 236,000 | 312,000 | 416,000 |
| Noninterest expense | 887,000 | 1,738,000 | 2,726,000 | 3,625,000 |
| Provision for loan losses | 70,000 | 250,000 | 720,000 | 1,452,000 |
| Pretax income | 40,000 | 94,000 | -445,000 | -869,000 |
| Income tax | 0 | 0 | 0 | 1,000 |
| Net income | 40,000 | 94,000 | -445,000 | -870,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,320,000 | 10,425,000 | 10,246,000 | 9,910,000 |
| Total capital | 11,260,000 | 11,445,000 | 11,549,000 | 11,290,000 |
| Risk-weighted assets | 88,506,000 | 100,212,000 | 104,192,000 | 110,145,000 |