Call reports 2019
WEX BANK — 2019
What WEX BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 2,788,599,000 | 3,191,732,000 | 3,031,964,000 | 2,729,616,000 |
| Total loans | 2,321,557,000 | 2,661,644,000 | 2,608,225,000 | 2,185,082,000 |
| Allowance for loan losses | 15,367,000 | 18,432,000 | 15,025,000 | 14,810,000 |
| Securities available for sale | 873,000 | 782,000 | 741,000 | 723,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,980,157,000 | 2,561,528,000 | 2,444,063,000 | 2,149,051,000 |
| Interest-bearing deposits | 1,002,766,000 | 1,469,107,000 | 1,453,089,000 | 1,341,641,000 |
| Noninterest-bearing deposits | 977,391,000 | 1,092,421,000 | 990,974,000 | 807,410,000 |
| Equity capital | 302,421,000 | 348,907,000 | 346,884,000 | 314,470,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 129,658,000 | 284,460,000 | 446,986,000 | 611,162,000 |
| Interest expense | 8,186,000 | 18,088,000 | 29,199,000 | 38,954,000 |
| Net interest income | 121,472,000 | 266,372,000 | 417,787,000 | 572,208,000 |
| Noninterest income | 107,840,000 | 232,723,000 | 354,353,000 | 478,034,000 |
| Noninterest expense | 149,602,000 | 318,300,000 | 490,287,000 | 664,593,000 |
| Provision for loan losses | 5,877,000 | 13,938,000 | 19,466,000 | 28,709,000 |
| Pretax income | 74,130,000 | 167,498,000 | 263,212,000 | 357,649,000 |
| Income tax | 17,639,000 | 39,725,000 | 62,772,000 | 85,576,000 |
| Net income | 56,491,000 | 127,773,000 | 200,440,000 | 272,073,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 302,413,000 | 348,898,000 | 346,875,000 | 314,466,000 |
| Total capital | 317,780,000 | 367,330,000 | 361,900,000 | 329,276,000 |
| Risk-weighted assets | 2,645,500,000 | 2,914,399,000 | 2,847,862,000 | 2,432,076,000 |