Call reports 2014
WELLWORTH BANK — 2014
What WELLWORTH BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 659,302,000 | 658,804,000 | 658,352,000 | 666,644,000 |
| Total loans | 322,853,000 | 328,328,000 | 330,105,000 | 338,429,000 |
| Allowance for loan losses | 6,484,000 | 6,832,000 | 6,478,000 | 6,239,000 |
| Securities available for sale | 264,371,000 | 283,910,000 | 280,255,000 | 278,658,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 539,316,000 | 532,304,000 | 526,678,000 | 531,548,000 |
| Interest-bearing deposits | 463,583,000 | 456,649,000 | 452,542,000 | 453,678,000 |
| Noninterest-bearing deposits | 75,733,000 | 75,655,000 | 74,136,000 | 77,870,000 |
| Equity capital | 65,026,000 | 67,917,000 | 69,306,000 | 71,550,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 6,229,000 | 12,624,000 | 19,161,000 | 25,783,000 |
| Interest expense | 1,207,000 | 2,365,000 | 3,530,000 | 4,688,000 |
| Net interest income | 5,022,000 | 10,259,000 | 15,631,000 | 21,095,000 |
| Noninterest income | 1,060,000 | 2,057,000 | 3,268,000 | 4,407,000 |
| Noninterest expense | 3,625,000 | 7,200,000 | 11,261,000 | 15,099,000 |
| Provision for loan losses | 394,000 | 642,000 | 719,000 | 806,000 |
| Pretax income | 2,063,000 | 4,474,000 | 7,006,000 | 9,684,000 |
| Income tax | 434,000 | 995,000 | 1,606,000 | 2,283,000 |
| Net income | 1,629,000 | 3,479,000 | 5,400,000 | 7,401,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 61,442,000 | 63,382,000 | 64,636,000 | 66,678,000 |
| Total capital | 65,693,000 | 67,834,000 | 69,088,000 | 71,238,000 |
| Risk-weighted assets | 337,864,000 | 353,783,000 | 354,099,000 | 363,358,000 |