Call reports 2018
WELLINGTON STATE BANK — 2018
What WELLINGTON STATE 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 | 387,768,000 | 378,312,000 | 383,275,000 | 397,725,000 |
| Total loans | 201,795,000 | 211,370,000 | 227,491,000 | 230,176,000 |
| Allowance for loan losses | 2,704,000 | 2,799,000 | 2,863,000 | 2,807,000 |
| Securities available for sale | 121,687,000 | 120,764,000 | 107,026,000 | 103,407,000 |
| Securities held to maturity | 2,000 | 2,000 | 2,000 | 2,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 339,142,000 | 328,270,000 | 333,606,000 | 346,069,000 |
| Interest-bearing deposits | 229,578,000 | 224,843,000 | 226,267,000 | 238,044,000 |
| Noninterest-bearing deposits | 109,564,000 | 103,427,000 | 107,339,000 | 108,025,000 |
| Equity capital | 43,946,000 | 43,791,000 | 44,346,000 | 46,024,000 |
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 | 3,816,000 | 7,654,000 | 11,781,000 | 16,165,000 |
| Interest expense | 167,000 | 362,000 | 649,000 | 977,000 |
| Net interest income | 3,649,000 | 7,292,000 | 11,132,000 | 15,188,000 |
| Noninterest income | 539,000 | 988,000 | 1,671,000 | 2,149,000 |
| Noninterest expense | 3,020,000 | 6,137,000 | 9,436,000 | 12,971,000 |
| Provision for loan losses | 90,000 | 181,000 | 273,000 | 365,000 |
| Pretax income | 1,017,000 | 1,908,000 | 2,998,000 | 3,914,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,017,000 | 1,908,000 | 2,998,000 | 3,914,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 43,301,000 | 43,465,000 | 44,544,000 | 45,309,000 |
| Total capital | 46,005,000 | 46,264,000 | 47,407,000 | 48,116,000 |
| Risk-weighted assets | 265,091,000 | 285,149,000 | 290,120,000 | 291,740,000 |