Call reports 2023
FIRST WESTERN BANK AND TRUST — 2023
What FIRST WESTERN BANK AND TRUST 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 | 2,038,914,000 | 2,102,433,000 | 2,115,548,000 | 2,203,212,000 |
| Total loans | 1,612,672,000 | 1,668,525,000 | 1,676,844,000 | 1,754,166,000 |
| Allowance for loan losses | 15,378,000 | 16,057,000 | 16,801,000 | 17,631,000 |
| Securities available for sale | 250,575,000 | 247,922,000 | 241,716,000 | 254,290,000 |
| Securities held to maturity | 15,126,000 | 14,990,000 | 14,974,000 | 14,974,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,785,619,000 | 1,753,433,000 | 1,767,118,000 | 1,931,927,000 |
| Interest-bearing deposits | 1,429,193,000 | 1,431,711,000 | 1,449,628,000 | 1,584,093,000 |
| Noninterest-bearing deposits | 356,426,000 | 321,722,000 | 317,490,000 | 347,834,000 |
| Equity capital | 217,158,000 | 216,475,000 | 211,318,000 | 221,680,000 |
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 | 23,438,000 | 47,691,000 | 73,880,000 | 101,069,000 |
| Interest expense | 8,037,000 | 18,380,000 | 30,543,000 | 43,901,000 |
| Net interest income | 15,401,000 | 29,311,000 | 43,337,000 | 57,168,000 |
| Noninterest income | 4,272,000 | 8,436,000 | 12,734,000 | 16,317,000 |
| Noninterest expense | 13,827,000 | 27,877,000 | 41,565,000 | 56,156,000 |
| Provision for loan losses | 391,000 | 1,062,000 | 1,164,000 | 1,592,000 |
| Pretax income | 5,470,000 | 8,833,000 | 13,374,000 | 15,808,000 |
| Income tax | 1,265,000 | 2,152,000 | 3,385,000 | 3,577,000 |
| Net income | 4,205,000 | 6,681,000 | 9,989,000 | 12,231,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 188,908,000 | 190,561,000 | 191,425,000 | 189,260,000 |