Call reports 2020
FIRST WESTERN BANK AND TRUST — 2020
What FIRST WESTERN BANK AND TRUST reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 1,158,361,000 | 1,250,129,000 | 1,236,205,000 | 1,855,380,000 |
| Total loans | 824,511,000 | 918,627,000 | 933,101,000 | 1,348,248,000 |
| Allowance for loan losses | 13,106,000 | 13,629,000 | 14,043,000 | 15,830,000 |
| Securities available for sale | 220,981,000 | 212,002,000 | 200,521,000 | 201,933,000 |
| Securities held to maturity | 30,079,000 | 23,436,000 | 22,750,000 | 20,483,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,007,583,000 | 1,105,947,000 | 1,095,930,000 | 1,637,800,000 |
| Interest-bearing deposits | 881,442,000 | 927,927,000 | 931,335,000 | 1,279,363,000 |
| Noninterest-bearing deposits | 126,141,000 | 178,020,000 | 164,595,000 | 358,437,000 |
| Equity capital | 114,822,000 | 119,124,000 | 120,933,000 | 197,120,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 12,051,000 | 26,654,000 | 38,717,000 | 83,076,000 |
| Interest expense | 3,366,000 | 6,360,000 | 9,274,000 | 15,012,000 |
| Net interest income | 8,685,000 | 20,294,000 | 29,443,000 | 68,064,000 |
| Noninterest income | 2,935,000 | 5,068,000 | 7,398,000 | 10,744,000 |
| Noninterest expense | 7,921,000 | 15,558,000 | 23,233,000 | 50,302,000 |
| Provision for loan losses | 379,000 | 1,351,000 | 1,995,000 | 3,707,000 |
| Pretax income | 3,374,000 | 8,662,000 | 11,818,000 | 25,033,000 |
| Income tax | 730,000 | 1,921,000 | 2,604,000 | 5,800,000 |
| Net income | 2,644,000 | 6,741,000 | 9,214,000 | 19,233,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 105,703,000 | 109,346,000 | 111,364,000 | 154,285,000 |