Call reports 2023
WELLINGTON TRUST COMPANY NATIONAL ASSOCIATION — 2023
What WELLINGTON TRUST COMPANY NATIONAL ASSOCIATION reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 94,447,000 | 90,751,000 | 93,979,000 | 88,692,000 |
| Total loans | 0 | 0 | 0 | 0 |
| Allowance for loan losses | 0 | 0 | 0 | 0 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 0 | 0 | 0 | 0 |
| Interest-bearing deposits | 0 | 0 | 0 | 0 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 50,875,000 | 43,334,000 | 45,119,000 | 47,055,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 11,000 | 11,000 | 22,000 | 21,000 |
| Interest expense | 314,000 | 633,000 | 967,000 | 1,262,000 |
| Net interest income | -303,000 | -622,000 | -945,000 | -1,241,000 |
| Noninterest income | 78,881,000 | 157,829,000 | 237,257,000 | 313,815,000 |
| Noninterest expense | 77,484,000 | 155,503,000 | 232,132,000 | 305,861,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,094,000 | 1,704,000 | 4,180,000 | 6,713,000 |
| Income tax | -260,000 | -109,000 | 582,000 | 1,179,000 |
| Net income | 1,354,000 | 1,813,000 | 3,598,000 | 5,534,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 50,875,000 | 43,334,000 | 45,119,000 | 47,055,000 |
| Total capital | 50,875,000 | 43,334,000 | 45,119,000 | 47,055,000 |
| Risk-weighted assets | 90,091,000 | 86,395,000 | 89,623,000 | 84,336,000 |