Call reports 2020
WELLWORTH BANK — 2020
What WELLWORTH BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 947,752,000 | 1,010,533,000 | 1,014,760,000 | 1,014,959,000 |
| Total loans | 589,109,000 | 618,856,000 | 621,150,000 | 623,072,000 |
| Allowance for loan losses | 8,644,000 | 9,290,000 | 9,392,000 | 9,508,000 |
| Securities available for sale | 256,327,000 | 283,320,000 | 283,501,000 | 259,153,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 771,451,000 | 833,628,000 | 840,231,000 | 867,790,000 |
| Interest-bearing deposits | 638,260,000 | 658,414,000 | 668,401,000 | 690,879,000 |
| Noninterest-bearing deposits | 133,191,000 | 175,214,000 | 171,830,000 | 176,911,000 |
| Equity capital | 118,344,000 | 123,474,000 | 125,252,000 | 102,721,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 10,284,000 | 20,575,000 | 30,399,000 | 40,121,000 |
| Interest expense | 2,176,000 | 4,149,000 | 5,915,000 | 7,493,000 |
| Net interest income | 8,108,000 | 16,426,000 | 24,484,000 | 32,628,000 |
| Noninterest income | 1,786,000 | 3,295,000 | 5,019,000 | 6,802,000 |
| Noninterest expense | 6,167,000 | 12,063,000 | 18,160,000 | 24,512,000 |
| Provision for loan losses | 183,000 | 868,000 | 1,078,000 | 1,303,000 |
| Pretax income | 3,524,000 | 6,778,000 | 10,261,000 | 13,638,000 |
| Income tax | 738,000 | 1,402,000 | 2,106,000 | 2,548,000 |
| Net income | 2,786,000 | 5,376,000 | 8,155,000 | 11,090,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 110,127,000 | 111,677,000 | 113,416,000 | 91,210,000 |
| Total capital | 117,995,000 | 119,723,000 | 121,489,000 | 99,390,000 |
| Risk-weighted assets | 628,637,000 | 642,422,000 | 644,485,000 | 653,069,000 |