Call reports 2021
WEX BANK — 2021
What WEX BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 2,673,190,000 | 2,982,035,000 | 3,287,721,000 | 4,090,381,000 |
| Total loans | 2,167,067,000 | 2,506,444,000 | 2,713,951,000 | 2,549,551,000 |
| Allowance for loan losses | 21,910,000 | 27,827,000 | 32,288,000 | 36,285,000 |
| Securities available for sale | 493,000 | 461,000 | 414,000 | 952,075,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,031,751,000 | 2,536,701,000 | 2,696,408,000 | 3,547,925,000 |
| Interest-bearing deposits | 1,040,889,000 | 1,379,351,000 | 1,494,009,000 | 2,549,453,000 |
| Noninterest-bearing deposits | 990,862,000 | 1,157,350,000 | 1,202,399,000 | 998,472,000 |
| Equity capital | 286,352,000 | 291,969,000 | 326,558,000 | 360,003,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 136,358,000 | 294,380,000 | 465,291,000 | 657,956,000 |
| Interest expense | 2,582,000 | 4,717,000 | 6,700,000 | 8,409,000 |
| Net interest income | 133,776,000 | 289,663,000 | 458,591,000 | 649,547,000 |
| Noninterest income | 102,775,000 | 220,693,000 | 338,817,000 | 446,427,000 |
| Noninterest expense | 194,710,000 | 422,733,000 | 653,064,000 | 886,467,000 |
| Provision for loan losses | 695,000 | 10,820,000 | 19,854,000 | 31,099,000 |
| Pretax income | 40,660,000 | 76,368,000 | 123,952,000 | 177,612,000 |
| Income tax | 9,704,000 | 18,378,000 | 29,775,000 | 43,991,000 |
| Net income | 30,956,000 | 57,990,000 | 94,177,000 | 133,621,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 286,352,000 | 291,969,000 | 326,558,000 | 366,121,000 |
| Total capital | 308,262,000 | 319,796,000 | 358,846,000 | 402,406,000 |
| Risk-weighted assets | 2,408,672,000 | 2,734,512,000 | 2,969,866,000 | 3,187,305,000 |