Call reports 2016
WELLWORTH BANK — 2016
What WELLWORTH BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 851,477,000 | 852,624,000 | 862,539,000 | 884,728,000 |
| Total loans | 454,315,000 | 465,755,000 | 475,495,000 | 502,266,000 |
| Allowance for loan losses | 6,855,000 | 6,998,000 | 7,096,000 | 7,193,000 |
| Securities available for sale | 295,723,000 | 317,997,000 | 321,461,000 | 311,721,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 694,499,000 | 682,194,000 | 686,207,000 | 701,318,000 |
| Interest-bearing deposits | 569,301,000 | 557,401,000 | 555,468,000 | 564,081,000 |
| Noninterest-bearing deposits | 125,198,000 | 124,793,000 | 130,739,000 | 137,238,000 |
| Equity capital | 89,840,000 | 93,619,000 | 93,921,000 | 90,513,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 8,281,000 | 16,583,000 | 25,044,000 | 33,701,000 |
| Interest expense | 1,275,000 | 2,549,000 | 3,844,000 | 5,125,000 |
| Net interest income | 7,006,000 | 14,034,000 | 21,200,000 | 28,576,000 |
| Noninterest income | 1,632,000 | 2,998,000 | 4,490,000 | 5,968,000 |
| Noninterest expense | 4,924,000 | 9,995,000 | 15,134,000 | 20,460,000 |
| Provision for loan losses | 514,000 | 818,000 | 1,122,000 | 1,477,000 |
| Pretax income | 3,192,000 | 6,211,000 | 9,426,000 | 12,599,000 |
| Income tax | 880,000 | 1,693,000 | 2,574,000 | 3,411,000 |
| Net income | 2,312,000 | 4,518,000 | 6,852,000 | 9,188,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 80,190,000 | 82,482,000 | 83,551,000 | 85,924,000 |
| Total capital | 85,996,000 | 88,520,000 | 89,701,000 | 92,497,000 |
| Risk-weighted assets | 463,417,000 | 481,982,000 | 490,925,000 | 525,285,000 |