Call reports 2013
WEX BANK — 2013
What WEX BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 1,639,979,000 | 1,604,969,000 | 1,777,148,000 | 1,624,468,000 |
| Total loans | 1,309,914,000 | 1,339,477,000 | 1,446,879,000 | 1,240,138,000 |
| Allowance for loan losses | 6,543,000 | 6,357,000 | 5,850,000 | 6,932,000 |
| Securities available for sale | 15,931,000 | 16,777,000 | 16,231,000 | 16,029,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,367,828,000 | 1,338,421,000 | 1,480,938,000 | 1,349,694,000 |
| Interest-bearing deposits | 493,895,000 | 650,267,000 | 454,688,000 | 793,942,000 |
| Noninterest-bearing deposits | 873,933,000 | 688,154,000 | 1,026,250,000 | 555,752,000 |
| Equity capital | 193,182,000 | 197,050,000 | 209,514,000 | 202,219,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 71,862,000 | 148,039,000 | 227,835,000 | 303,524,000 |
| Interest expense | 596,000 | 1,272,000 | 1,910,000 | 2,595,000 |
| Net interest income | 71,266,000 | 146,767,000 | 225,925,000 | 300,929,000 |
| Noninterest income | 38,496,000 | 83,049,000 | 136,096,000 | 180,984,000 |
| Noninterest expense | 53,715,000 | 110,439,000 | 168,658,000 | 221,653,000 |
| Provision for loan losses | 1,844,000 | 4,506,000 | 7,661,000 | 11,533,000 |
| Pretax income | 54,203,000 | 114,871,000 | 185,702,000 | 248,727,000 |
| Income tax | 20,126,000 | 42,578,000 | 67,875,000 | 91,049,000 |
| Net income | 34,077,000 | 72,293,000 | 117,827,000 | 157,678,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 193,063,000 | 197,083,000 | 209,580,000 | 202,296,000 |
| Total capital | 199,606,000 | 203,440,000 | 215,430,000 | 209,228,000 |
| Risk-weighted assets | 1,412,754,000 | 1,446,547,000 | 1,586,381,000 | 1,387,890,000 |