Call reports 2003
FAR WEST BANK — 2003
What FAR WEST 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 | 307,976,000 | 307,066,000 | 312,925,000 | 305,985,000 |
| Total loans | 198,420,000 | 211,518,000 | 190,110,000 | 202,022,000 |
| Allowance for loan losses | 3,836,000 | 3,442,000 | 3,473,000 | 3,433,000 |
| Securities available for sale | 65,710,000 | 56,480,000 | 54,155,000 | 66,836,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 267,953,000 | 267,646,000 | 271,414,000 | 263,921,000 |
| Interest-bearing deposits | 237,205,000 | 228,417,000 | 238,407,000 | 233,811,000 |
| Noninterest-bearing deposits | 30,748,000 | 39,229,000 | 33,007,000 | 30,110,000 |
| Equity capital | 37,429,000 | 38,330,000 | 39,784,000 | 39,966,000 |
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 | 5,920,000 | 11,266,000 | 16,169,000 | 22,813,000 |
| Interest expense | 817,000 | 1,578,000 | 2,217,000 | 2,818,000 |
| Net interest income | 5,103,000 | 9,688,000 | 13,952,000 | 19,995,000 |
| Noninterest income | 1,289,000 | 2,475,000 | 3,668,000 | 4,455,000 |
| Noninterest expense | 3,550,000 | 7,408,000 | 11,090,000 | 14,984,000 |
| Provision for loan losses | 287,000 | 406,000 | 546,000 | 913,000 |
| Pretax income | 2,555,000 | 4,349,000 | 5,984,000 | 8,553,000 |
| Income tax | 946,000 | 1,547,000 | 2,097,000 | 3,004,000 |
| Net income | 1,609,000 | 2,802,000 | 3,887,000 | 5,549,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,062,000 | 36,353,000 | 37,568,000 | 38,093,000 |
| Total capital | 38,012,000 | 39,424,000 | 40,482,000 | 41,111,000 |
| Risk-weighted assets | 228,770,000 | 239,227,000 | 226,148,000 | 234,348,000 |