Call reports 2019
WELLINGTON STATE BANK — 2019
What WELLINGTON STATE 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 | 400,593,000 | 385,051,000 | 386,020,000 | 447,943,000 |
| Total loans | 208,912,000 | 214,493,000 | 235,485,000 | 275,979,000 |
| Allowance for loan losses | 2,595,000 | 2,730,000 | 2,873,000 | 2,817,000 |
| Securities available for sale | 100,198,000 | 98,855,000 | 93,109,000 | 103,438,000 |
| Securities held to maturity | 2,000 | 1,000 | 1,000 | 1,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 348,032,000 | 330,628,000 | 329,964,000 | 390,789,000 |
| Interest-bearing deposits | 239,007,000 | 224,092,000 | 225,466,000 | 263,719,000 |
| Noninterest-bearing deposits | 109,025,000 | 106,536,000 | 104,498,000 | 127,070,000 |
| Equity capital | 46,937,000 | 48,272,000 | 49,486,000 | 51,091,000 |
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 | 4,232,000 | 8,369,000 | 12,701,000 | 17,248,000 |
| Interest expense | 373,000 | 797,000 | 1,270,000 | 1,813,000 |
| Net interest income | 3,859,000 | 7,572,000 | 11,431,000 | 15,435,000 |
| Noninterest income | 478,000 | 1,082,000 | 1,566,000 | 2,092,000 |
| Noninterest expense | 3,256,000 | 6,538,000 | 9,687,000 | 13,201,000 |
| Provision for loan losses | 135,000 | 271,000 | 410,000 | 455,000 |
| Pretax income | 945,000 | 1,852,000 | 2,911,000 | 3,889,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 945,000 | 1,852,000 | 2,911,000 | 3,889,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 45,332,000 | 45,411,000 | 46,440,000 | 47,476,000 |
| Total capital | 47,927,000 | 48,141,000 | 49,313,000 | 50,293,000 |
| Risk-weighted assets | 278,027,000 | 287,420,000 | 295,165,000 | 351,635,000 |