Call reports 2009
FIRST WESTERN BANK — 2009
What FIRST WESTERN BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 |
|---|---|---|
| Total assets | 561,345,000 | 572,079,000 |
| Total loans | 352,525,000 | 343,721,000 |
| Allowance for loan losses | 10,068,000 | 11,106,000 |
| Securities available for sale | 54,863,000 | 65,296,000 |
| Securities held to maturity | 285,000 | 285,000 |
| Trading assets | 0 | 0 |
| Total deposits | 409,670,000 | 420,478,000 |
| Interest-bearing deposits | 344,668,000 | 349,693,000 |
| Noninterest-bearing deposits | 65,002,000 | 70,785,000 |
| Equity capital | 138,161,000 | 137,902,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 |
|---|---|---|
| Interest income | 5,785,000 | 11,853,000 |
| Interest expense | 2,004,000 | 4,017,000 |
| Net interest income | 3,781,000 | 7,836,000 |
| Noninterest income | 560,000 | 1,251,000 |
| Noninterest expense | 3,262,000 | 7,286,000 |
| Provision for loan losses | 765,000 | 1,805,000 |
| Pretax income | 343,000 | 25,000 |
| Income tax | 72,000 | -102,000 |
| Net income | 271,000 | 127,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 |
|---|---|---|
| Tier 1 capital | 48,913,000 | 49,258,000 |
| Total capital | 54,099,000 | 54,283,000 |
| Risk-weighted assets | 410,019,000 | 395,939,000 |