Call reports 2021
WELLWORTH BANK — 2021
What WELLWORTH BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 1,058,829,000 | 1,069,720,000 | 1,431,449,000 | 1,479,073,000 |
| Total loans | 610,371,000 | 612,249,000 | 793,048,000 | 807,950,000 |
| Allowance for loan losses | 9,512,000 | 9,623,000 | 10,343,000 | 10,517,000 |
| Securities available for sale | 272,566,000 | 326,766,000 | 346,591,000 | 370,307,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 914,809,000 | 929,195,000 | 1,251,721,000 | 1,301,081,000 |
| Interest-bearing deposits | 711,073,000 | 723,132,000 | 998,884,000 | 1,023,365,000 |
| Noninterest-bearing deposits | 203,736,000 | 206,063,000 | 252,837,000 | 277,716,000 |
| Equity capital | 102,741,000 | 105,634,000 | 146,102,000 | 147,889,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 10,251,000 | 20,797,000 | 39,122,000 | 51,140,000 |
| Interest expense | 1,385,000 | 2,586,000 | 3,683,000 | 4,751,000 |
| Net interest income | 8,866,000 | 18,211,000 | 35,439,000 | 46,389,000 |
| Noninterest income | 1,528,000 | 3,643,000 | 8,777,000 | 11,428,000 |
| Noninterest expense | 6,468,000 | 12,870,000 | 26,431,000 | 34,805,000 |
| Provision for loan losses | 150,000 | 300,000 | 1,150,000 | 1,300,000 |
| Pretax income | 3,774,000 | 8,680,000 | 16,628,000 | 21,702,000 |
| Income tax | 778,000 | 1,764,000 | 3,507,000 | 4,344,000 |
| Net income | 2,996,000 | 6,916,000 | 13,121,000 | 17,358,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 93,191,000 | 96,271,000 | 125,198,000 | 128,150,000 |
| Total capital | 101,244,000 | 104,565,000 | 135,556,000 | 138,682,000 |
| Risk-weighted assets | 642,829,000 | 662,090,000 | 838,952,000 | 885,173,000 |