Call reports 2023
SOUTHWEST BANK OF WEATHERFORD — 2023
What SOUTHWEST BANK OF WEATHERFORD reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 81,964,000 | 79,878,000 | 81,815,000 | 78,611,000 |
| Total loans | 44,043,000 | 44,271,000 | 43,732,000 | 44,953,000 |
| Allowance for loan losses | 835,000 | 838,000 | 800,000 | 791,000 |
| Securities available for sale | 9,648,000 | 9,293,000 | 8,899,000 | 9,121,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 71,654,000 | 69,406,000 | 71,208,000 | 67,602,000 |
| Interest-bearing deposits | 49,166,000 | 45,945,000 | 45,584,000 | 43,186,000 |
| Noninterest-bearing deposits | 22,488,000 | 23,461,000 | 25,624,000 | 24,416,000 |
| Equity capital | 10,173,000 | 10,342,000 | 10,459,000 | 10,943,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 921,000 | 1,918,000 | 2,980,000 | 4,107,000 |
| Interest expense | 171,000 | 373,000 | 598,000 | 857,000 |
| Net interest income | 750,000 | 1,545,000 | 2,382,000 | 3,250,000 |
| Noninterest income | 84,000 | 168,000 | 253,000 | 331,000 |
| Noninterest expense | 520,000 | 1,063,000 | 1,642,000 | 2,301,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 314,000 | 650,000 | 993,000 | 1,280,000 |
| Income tax | 79,000 | 147,000 | 251,000 | 309,000 |
| Net income | 235,000 | 503,000 | 742,000 | 971,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,942,000 | 11,211,000 | 10,925,000 | 11,679,000 |
| Total capital | 11,541,000 | 11,780,000 | 11,510,000 | 12,305,000 |
| Risk-weighted assets | 47,719,000 | 45,267,000 | 46,614,000 | 49,916,000 |