Call reports 2018
WELLWORTH BANK — 2018
What WELLWORTH BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 918,455,000 | 926,240,000 | 915,032,000 | 920,190,000 |
| Total loans | 588,133,000 | 589,593,000 | 604,115,000 | 613,537,000 |
| Allowance for loan losses | 7,611,000 | 7,716,000 | 7,797,000 | 7,855,000 |
| Securities available for sale | 267,468,000 | 254,350,000 | 243,712,000 | 235,839,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 716,816,000 | 723,449,000 | 709,086,000 | 721,743,000 |
| Interest-bearing deposits | 579,835,000 | 579,681,000 | 574,714,000 | 584,339,000 |
| Noninterest-bearing deposits | 136,981,000 | 143,768,000 | 134,372,000 | 137,405,000 |
| Equity capital | 97,437,000 | 99,147,000 | 100,367,000 | 103,995,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 9,528,000 | 19,400,000 | 29,615,000 | 40,033,000 |
| Interest expense | 1,508,000 | 3,084,000 | 4,806,000 | 6,689,000 |
| Net interest income | 8,020,000 | 16,316,000 | 24,809,000 | 33,344,000 |
| Noninterest income | 1,779,000 | 3,371,000 | 5,435,000 | 7,279,000 |
| Noninterest expense | 5,681,000 | 11,506,000 | 17,459,000 | 23,837,000 |
| Provision for loan losses | 197,000 | 403,000 | 712,000 | 1,037,000 |
| Pretax income | 3,921,000 | 7,778,000 | 12,073,000 | 15,749,000 |
| Income tax | 835,000 | 1,640,000 | 2,514,000 | 3,308,000 |
| Net income | 3,086,000 | 6,138,000 | 9,559,000 | 12,441,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 93,615,000 | 95,726,000 | 98,206,000 | 100,348,000 |
| Total capital | 101,200,000 | 103,290,000 | 106,000,000 | 108,218,000 |
| Risk-weighted assets | 606,805,000 | 604,978,000 | 623,496,000 | 636,724,000 |