Call reports 2008
WEX BANK — 2008
What WEX BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 1,195,118,000 | 1,492,724,000 | 1,329,255,000 | 860,001,000 |
| Total loans | 1,130,198,000 | 1,428,641,000 | 1,255,004,000 | 665,260,000 |
| Allowance for loan losses | 13,009,000 | 14,445,000 | 15,810,000 | 17,810,000 |
| Securities available for sale | 9,508,000 | 10,335,000 | 12,857,000 | 62,660,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 903,705,000 | 1,210,374,000 | 1,083,139,000 | 723,041,000 |
| Interest-bearing deposits | 528,382,000 | 721,592,000 | 658,786,000 | 532,016,000 |
| Noninterest-bearing deposits | 375,323,000 | 488,782,000 | 424,353,000 | 191,025,000 |
| Equity capital | 142,234,000 | 166,932,000 | 170,885,000 | 104,854,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 66,226,000 | 145,716,000 | 224,095,000 | 277,669,000 |
| Interest expense | 7,359,000 | 14,835,000 | 22,558,000 | 28,736,000 |
| Net interest income | 58,867,000 | 130,881,000 | 201,537,000 | 248,933,000 |
| Noninterest income | 13,281,000 | 27,920,000 | 42,755,000 | 56,090,000 |
| Noninterest expense | 33,363,000 | 67,730,000 | 102,140,000 | 137,089,000 |
| Provision for loan losses | 9,768,000 | 19,630,000 | 28,145,000 | 41,624,000 |
| Pretax income | 29,017,000 | 71,441,000 | 114,007,000 | 126,310,000 |
| Income tax | 10,411,000 | 25,926,000 | 40,549,000 | 44,888,000 |
| Net income | 18,606,000 | 45,515,000 | 73,458,000 | 81,422,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 142,217,000 | 167,020,000 | 170,956,000 | 104,904,000 |
| Total capital | 155,226,000 | 181,465,000 | 186,766,000 | 113,731,000 |
| Risk-weighted assets | 1,156,910,000 | 1,456,167,000 | 1,284,560,000 | 697,183,000 |
Machine access — free, no API key
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