Call reports 2023
WADENA STATE BANK — 2023
What WADENA STATE BANK 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 | 218,504,000 | 210,998,000 | 207,752,000 | 206,621,000 |
| Total loans | 122,109,000 | 124,544,000 | 125,520,000 | 124,269,000 |
| Allowance for loan losses | 1,061,000 | 1,166,000 | 1,166,000 | 1,166,000 |
| Securities available for sale | 79,312,000 | 70,121,000 | 66,963,000 | 68,587,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 191,751,000 | 188,209,000 | 187,945,000 | 186,168,000 |
| Interest-bearing deposits | 139,882,000 | 137,771,000 | 139,981,000 | 138,572,000 |
| Noninterest-bearing deposits | 51,869,000 | 50,438,000 | 47,964,000 | 47,596,000 |
| Equity capital | 15,837,000 | 15,673,000 | 14,571,000 | 17,568,000 |
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 | 2,423,000 | 5,052,000 | 7,756,000 | 10,484,000 |
| Interest expense | 470,000 | 1,047,000 | 1,627,000 | 2,245,000 |
| Net interest income | 1,953,000 | 4,005,000 | 6,129,000 | 8,239,000 |
| Noninterest income | 162,000 | 357,000 | 524,000 | 690,000 |
| Noninterest expense | 1,355,000 | 2,597,000 | 3,954,000 | 5,360,000 |
| Provision for loan losses | 0 | 105,000 | 105,000 | 105,000 |
| Pretax income | 760,000 | 1,528,000 | 2,462,000 | 3,332,000 |
| Income tax | 58,000 | 116,000 | 175,000 | 260,000 |
| Net income | 702,000 | 1,412,000 | 2,287,000 | 3,072,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,691,000 | 20,251,000 | 20,984,000 | 20,917,000 |