Call reports 2018
WEX BANK — 2018
What WEX BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 2,606,292,000 | 2,860,268,000 | 3,019,543,000 | 2,742,297,000 |
| Total loans | 2,175,337,000 | 2,520,608,000 | 2,523,230,000 | 2,201,272,000 |
| Allowance for loan losses | 12,814,000 | 12,998,000 | 17,467,000 | 17,444,000 |
| Securities available for sale | 1,109,000 | 1,076,000 | 994,000 | 943,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,833,202,000 | 1,979,784,000 | 2,166,336,000 | 1,932,417,000 |
| Interest-bearing deposits | 1,033,986,000 | 1,059,151,000 | 1,156,041,000 | 1,134,603,000 |
| Noninterest-bearing deposits | 799,216,000 | 920,633,000 | 1,010,295,000 | 797,814,000 |
| Equity capital | 298,452,000 | 321,528,000 | 335,817,000 | 305,731,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 127,731,000 | 264,833,000 | 412,799,000 | 555,162,000 |
| Interest expense | 5,819,000 | 12,758,000 | 21,223,000 | 30,236,000 |
| Net interest income | 121,912,000 | 252,075,000 | 391,576,000 | 524,926,000 |
| Noninterest income | 96,755,000 | 202,023,000 | 313,130,000 | 420,535,000 |
| Noninterest expense | 126,144,000 | 269,308,000 | 398,463,000 | 555,397,000 |
| Provision for loan losses | 8,584,000 | 15,573,000 | 26,133,000 | 34,022,000 |
| Pretax income | 83,581,000 | 167,979,000 | 278,689,000 | 354,849,000 |
| Income tax | 19,632,000 | 39,298,000 | 65,872,000 | 86,412,000 |
| Net income | 63,949,000 | 128,681,000 | 212,817,000 | 268,437,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 298,226,000 | 321,557,000 | 335,847,000 | 305,734,000 |
| Total capital | 311,040,000 | 334,555,000 | 353,314,000 | 323,178,000 |
| Risk-weighted assets | 2,430,227,000 | 2,766,833,000 | 2,801,045,000 | 2,521,865,000 |