Call reports 2003
FIRST WESTERN BANK — 2003
What FIRST WESTERN BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 129,978,000 | 135,103,000 | 135,934,000 | 137,638,000 |
| Total loans | 79,958,000 | 88,936,000 | 85,052,000 | 85,700,000 |
| Allowance for loan losses | 1,148,000 | 1,178,000 | 1,187,000 | 1,218,000 |
| Securities available for sale | 43,698,000 | 35,079,000 | 37,273,000 | 44,237,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 110,775,000 | 114,134,000 | 114,829,000 | 113,899,000 |
| Interest-bearing deposits | 94,216,000 | 97,972,000 | 96,460,000 | 95,974,000 |
| Noninterest-bearing deposits | 16,559,000 | 16,162,000 | 18,369,000 | 17,925,000 |
| Equity capital | 12,744,000 | 13,004,000 | 13,219,000 | 15,801,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 1,811,000 | 3,610,000 | 5,391,000 | 7,136,000 |
| Interest expense | 692,000 | 1,378,000 | 2,029,000 | 2,650,000 |
| Net interest income | 1,119,000 | 2,232,000 | 3,362,000 | 4,486,000 |
| Noninterest income | 120,000 | 245,000 | 427,000 | 642,000 |
| Noninterest expense | 715,000 | 1,424,000 | 2,137,000 | 2,907,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 494,000 | 1,005,000 | 1,579,000 | 2,127,000 |
| Income tax | -7,000 | 15,000 | 41,000 | 64,000 |
| Net income | 501,000 | 990,000 | 1,538,000 | 2,063,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,886,000 | 12,105,000 | 12,653,000 | 15,178,000 |
| Total capital | 13,034,000 | 13,283,000 | 13,840,000 | 16,396,000 |
| Risk-weighted assets | 95,759,000 | 103,526,000 | 103,406,000 | 102,959,000 |