Call reports 2024
SOUTHWEST BANK OF WEATHERFORD — 2024
What SOUTHWEST BANK OF WEATHERFORD reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 78,671,000 | 77,459,000 | 77,176,000 | 76,146,000 |
| Total loans | 47,519,000 | 45,342,000 | 45,164,000 | 44,631,000 |
| Allowance for loan losses | 772,000 | 773,000 | 774,000 | 762,000 |
| Securities available for sale | 9,760,000 | 9,584,000 | 9,755,000 | 9,382,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 68,304,000 | 66,849,000 | 66,060,000 | 64,958,000 |
| Interest-bearing deposits | 44,069,000 | 44,426,000 | 45,741,000 | 45,084,000 |
| Noninterest-bearing deposits | 24,235,000 | 22,423,000 | 20,319,000 | 19,874,000 |
| Equity capital | 10,195,000 | 10,496,000 | 10,937,000 | 11,043,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 1,083,000 | 2,170,000 | 3,270,000 | 4,378,000 |
| Interest expense | 268,000 | 549,000 | 851,000 | 1,156,000 |
| Net interest income | 815,000 | 1,621,000 | 2,419,000 | 3,222,000 |
| Noninterest income | 81,000 | 169,000 | 255,000 | 343,000 |
| Noninterest expense | 550,000 | 1,096,000 | 1,661,000 | 2,256,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 346,000 | 694,000 | 1,013,000 | 1,309,000 |
| Income tax | 87,000 | 155,000 | 250,000 | 295,000 |
| Net income | 259,000 | 539,000 | 763,000 | 1,014,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,987,000 | 11,268,000 | 11,492,000 | 11,743,000 |
| Total capital | 11,605,000 | 11,839,000 | 12,054,000 | 12,290,000 |
| Risk-weighted assets | 49,298,000 | 45,446,000 | 44,700,000 | 43,573,000 |