Call reports 2017
WELLWORTH BANK — 2017
What WELLWORTH BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 882,222,000 | 905,787,000 | 892,263,000 | 910,210,000 |
| Total loans | 499,571,000 | 523,822,000 | 543,168,000 | 569,026,000 |
| Allowance for loan losses | 7,360,000 | 7,614,000 | 7,709,000 | 7,574,000 |
| Securities available for sale | 310,458,000 | 308,528,000 | 297,245,000 | 283,736,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 700,856,000 | 696,035,000 | 687,936,000 | 697,145,000 |
| Interest-bearing deposits | 567,496,000 | 559,994,000 | 553,296,000 | 563,082,000 |
| Noninterest-bearing deposits | 133,360,000 | 136,041,000 | 134,640,000 | 134,063,000 |
| Equity capital | 92,600,000 | 97,145,000 | 98,843,000 | 98,294,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 8,558,000 | 17,542,000 | 26,811,000 | 36,177,000 |
| Interest expense | 1,280,000 | 2,579,000 | 3,911,000 | 5,331,000 |
| Net interest income | 7,278,000 | 14,963,000 | 22,900,000 | 30,846,000 |
| Noninterest income | 1,409,000 | 2,856,000 | 4,409,000 | 5,851,000 |
| Noninterest expense | 5,189,000 | 10,404,000 | 15,751,000 | 21,532,000 |
| Provision for loan losses | 375,000 | 713,000 | 1,013,000 | 1,035,000 |
| Pretax income | 3,123,000 | 6,702,000 | 10,584,000 | 14,169,000 |
| Income tax | 854,000 | 1,892,000 | 3,054,000 | 4,801,000 |
| Net income | 2,269,000 | 4,810,000 | 7,530,000 | 9,368,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 86,287,000 | 88,877,000 | 90,844,000 | 91,873,000 |
| Total capital | 92,850,000 | 95,780,000 | 97,891,000 | 99,249,000 |
| Risk-weighted assets | 524,073,000 | 551,481,000 | 563,087,000 | 589,840,000 |