Call reports 2017
WEX BANK — 2017
What WEX BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 2,176,331,000 | 2,460,005,000 | 2,573,792,000 | 2,674,939,000 |
| Total loans | 1,766,942,000 | 2,015,445,000 | 2,110,832,000 | 2,039,945,000 |
| Allowance for loan losses | 14,934,000 | 11,227,000 | 12,300,000 | 11,574,000 |
| Securities available for sale | 23,427,000 | 23,667,000 | 23,595,000 | 23,388,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,609,921,000 | 1,766,583,000 | 1,787,193,000 | 1,965,013,000 |
| Interest-bearing deposits | 972,448,000 | 1,054,086,000 | 1,016,042,000 | 1,214,358,000 |
| Noninterest-bearing deposits | 637,473,000 | 712,497,000 | 771,151,000 | 750,655,000 |
| Equity capital | 265,918,000 | 305,165,000 | 317,460,000 | 304,534,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 99,347,000 | 210,129,000 | 325,210,000 | 449,287,000 |
| Interest expense | 3,685,000 | 8,009,000 | 13,307,000 | 18,584,000 |
| Net interest income | 95,662,000 | 202,120,000 | 311,903,000 | 430,703,000 |
| Noninterest income | 78,386,000 | 181,736,000 | 292,337,000 | 381,739,000 |
| Noninterest expense | 93,217,000 | 208,908,000 | 326,397,000 | 444,266,000 |
| Provision for loan losses | 7,453,000 | 11,353,000 | 17,755,000 | 25,241,000 |
| Pretax income | 73,378,000 | 163,595,000 | 260,088,000 | 342,935,000 |
| Income tax | 26,736,000 | 54,843,000 | 95,093,000 | 130,242,000 |
| Net income | 46,642,000 | 108,752,000 | 164,995,000 | 212,693,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 262,264,000 | 301,818,000 | 314,473,000 | 304,555,000 |
| Total capital | 277,198,000 | 313,045,000 | 326,773,000 | 316,129,000 |
| Risk-weighted assets | 2,086,882,000 | 2,361,636,000 | 2,490,618,000 | 2,362,392,000 |