Call reports 2016
WEX BANK — 2016
What WEX BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 1,724,619,000 | 1,823,833,000 | 2,113,414,000 | 1,878,681,000 |
| Total loans | 1,094,536,000 | 1,449,182,000 | 1,427,577,000 | 1,493,458,000 |
| Allowance for loan losses | 7,472,000 | 6,860,000 | 8,787,000 | 13,555,000 |
| Securities available for sale | 19,205,000 | 24,424,000 | 24,290,000 | 23,540,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,342,105,000 | 1,320,617,000 | 1,627,671,000 | 1,383,907,000 |
| Interest-bearing deposits | 478,682,000 | 562,306,000 | 858,772,000 | 1,051,036,000 |
| Noninterest-bearing deposits | 863,423,000 | 758,311,000 | 768,899,000 | 332,871,000 |
| Equity capital | 173,943,000 | 203,564,000 | 236,463,000 | 218,831,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 63,894,000 | 145,440,000 | 228,236,000 | 316,328,000 |
| Interest expense | 1,507,000 | 3,261,000 | 6,128,000 | 9,171,000 |
| Net interest income | 62,387,000 | 142,179,000 | 222,108,000 | 307,157,000 |
| Noninterest income | 55,094,000 | 112,753,000 | 186,642,000 | 249,434,000 |
| Noninterest expense | 66,289,000 | 141,716,000 | 212,775,000 | 300,367,000 |
| Provision for loan losses | 2,766,000 | 6,144,000 | 14,345,000 | 23,613,000 |
| Pretax income | 48,426,000 | 107,072,000 | 181,630,000 | 232,611,000 |
| Income tax | 17,974,000 | 40,105,000 | 67,700,000 | 85,844,000 |
| Net income | 30,452,000 | 66,967,000 | 113,930,000 | 146,767,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 173,952,000 | 203,505,000 | 236,459,000 | 214,847,000 |
| Total capital | 181,424,000 | 210,365,000 | 245,246,000 | 228,402,000 |
| Risk-weighted assets | 1,292,215,000 | 1,666,451,000 | 1,714,486,000 | 1,814,780,000 |