Call reports 2022
WELLWORTH BANK — 2022
What WELLWORTH BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 1,493,455,000 | 1,480,351,000 | 1,449,227,000 | 1,484,968,000 |
| Total loans | 818,953,000 | 875,735,000 | 937,380,000 | 975,631,000 |
| Allowance for loan losses | 10,732,000 | 11,104,000 | 11,397,000 | 11,819,000 |
| Securities available for sale | 394,408,000 | 419,324,000 | 405,700,000 | 404,344,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,333,258,000 | 1,330,199,000 | 1,300,493,000 | 1,282,138,000 |
| Interest-bearing deposits | 1,040,599,000 | 1,047,402,000 | 1,019,365,000 | 1,017,602,000 |
| Noninterest-bearing deposits | 292,659,000 | 282,797,000 | 281,128,000 | 264,536,000 |
| Equity capital | 133,369,000 | 126,782,000 | 116,195,000 | 126,477,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 11,874,000 | 24,574,000 | 38,546,000 | 53,657,000 |
| Interest expense | 1,066,000 | 2,126,000 | 3,123,000 | 5,340,000 |
| Net interest income | 10,808,000 | 22,448,000 | 35,423,000 | 48,317,000 |
| Noninterest income | 3,022,000 | 5,863,000 | 8,301,000 | 10,538,000 |
| Noninterest expense | 7,881,000 | 16,135,000 | 24,491,000 | 33,409,000 |
| Provision for loan losses | 225,000 | 550,000 | 925,000 | 1,400,000 |
| Pretax income | 5,721,000 | 11,623,000 | 18,284,000 | 24,023,000 |
| Income tax | 1,269,000 | 2,585,000 | 4,013,000 | 4,763,000 |
| Net income | 4,452,000 | 9,038,000 | 14,271,000 | 19,260,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 131,176,000 | 134,336,000 | 138,242,000 | 141,754,000 |
| Total capital | 141,923,000 | 145,455,000 | 149,654,000 | 153,588,000 |
| Risk-weighted assets | 914,444,000 | 941,243,000 | 1,012,730,000 | 1,035,409,000 |