Call reports 2017
WELLINGTON STATE BANK — 2017
What WELLINGTON STATE 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 | 405,934,000 | 401,480,000 | 385,874,000 | 396,747,000 |
| Total loans | 217,708,000 | 223,857,000 | 230,874,000 | 230,560,000 |
| Allowance for loan losses | 2,457,000 | 2,638,000 | 2,604,000 | 2,700,000 |
| Securities available for sale | 96,376,000 | 116,860,000 | 105,688,000 | 103,431,000 |
| Securities held to maturity | 3,000 | 3,000 | 3,000 | 3,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 358,787,000 | 352,554,000 | 333,070,000 | 346,958,000 |
| Interest-bearing deposits | 252,459,000 | 243,226,000 | 228,887,000 | 238,657,000 |
| Noninterest-bearing deposits | 106,328,000 | 109,328,000 | 104,183,000 | 108,301,000 |
| Equity capital | 42,932,000 | 44,368,000 | 45,504,000 | 45,297,000 |
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 | 3,573,000 | 7,337,000 | 11,272,000 | 15,237,000 |
| Interest expense | 184,000 | 367,000 | 542,000 | 719,000 |
| Net interest income | 3,389,000 | 6,970,000 | 10,730,000 | 14,518,000 |
| Noninterest income | 488,000 | 926,000 | 1,843,000 | 2,293,000 |
| Noninterest expense | 2,948,000 | 6,030,000 | 9,140,000 | 12,385,000 |
| Provision for loan losses | 287,000 | 470,000 | 655,000 | 840,000 |
| Pretax income | 651,000 | 1,413,000 | 2,828,000 | 3,643,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 651,000 | 1,413,000 | 2,828,000 | 3,643,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,290,000 | 41,070,000 | 42,491,000 | 43,263,000 |
| Total capital | 42,747,000 | 43,708,000 | 45,095,000 | 45,963,000 |
| Risk-weighted assets | 289,471,000 | 295,322,000 | 287,733,000 | 291,758,000 |