Call reports 2008
FIRST WESTERN BANK — 2008
What FIRST WESTERN BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 589,005,000 | 568,960,000 | 568,385,000 | 570,135,000 |
| Total loans | 404,267,000 | 390,086,000 | 383,351,000 | 368,948,000 |
| Allowance for loan losses | 8,470,000 | 8,557,000 | 8,832,000 | 9,892,000 |
| Securities available for sale | 46,426,000 | 42,529,000 | 39,552,000 | 39,011,000 |
| Securities held to maturity | 285,000 | 285,000 | 285,000 | 285,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 439,375,000 | 412,165,000 | 410,817,000 | 418,093,000 |
| Interest-bearing deposits | 364,900,000 | 337,240,000 | 338,151,000 | 344,958,000 |
| Noninterest-bearing deposits | 74,475,000 | 74,925,000 | 72,666,000 | 73,135,000 |
| Equity capital | 137,522,000 | 137,389,000 | 137,507,000 | 137,894,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 8,132,000 | 15,578,000 | 22,916,000 | 29,391,000 |
| Interest expense | 3,154,000 | 5,766,000 | 8,319,000 | 10,904,000 |
| Net interest income | 4,978,000 | 9,812,000 | 14,597,000 | 18,487,000 |
| Noninterest income | 639,000 | 1,289,000 | 2,092,000 | 4,773,000 |
| Noninterest expense | 3,079,000 | 6,460,000 | 11,198,000 | 14,682,000 |
| Provision for loan losses | 75,000 | 150,000 | 440,000 | 3,515,000 |
| Pretax income | 2,463,000 | 4,491,000 | 5,054,000 | 5,069,000 |
| Income tax | 707,000 | 1,430,000 | 1,569,000 | 1,528,000 |
| Net income | 1,756,000 | 3,061,000 | 3,485,000 | 3,541,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 47,442,000 | 44,556,000 | 44,837,000 | 46,062,000 |
| Total capital | 53,294,000 | 50,152,000 | 50,328,000 | 51,417,000 |
| Risk-weighted assets | 465,507,000 | 444,691,000 | 435,911,000 | 423,833,000 |