Call reports 2021
WELLINGTON STATE BANK — 2021
What WELLINGTON STATE 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 | 505,693,000 | 501,453,000 | 514,297,000 | 562,545,000 |
| Total loans | 264,591,000 | 274,398,000 | 303,731,000 | 312,464,000 |
| Allowance for loan losses | 3,626,000 | 3,765,000 | 3,771,000 | 3,784,000 |
| Securities available for sale | 173,424,000 | 162,742,000 | 153,853,000 | 149,794,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 447,080,000 | 441,665,000 | 452,683,000 | 501,910,000 |
| Interest-bearing deposits | 307,957,000 | 303,551,000 | 302,897,000 | 321,737,000 |
| Noninterest-bearing deposits | 139,123,000 | 138,114,000 | 149,786,000 | 180,173,000 |
| Equity capital | 52,074,000 | 52,912,000 | 54,377,000 | 53,896,000 |
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 | 4,151,000 | 8,345,000 | 12,723,000 | 17,254,000 |
| Interest expense | 283,000 | 537,000 | 785,000 | 1,001,000 |
| Net interest income | 3,868,000 | 7,808,000 | 11,938,000 | 16,253,000 |
| Noninterest income | 515,000 | 1,063,000 | 1,604,000 | 2,123,000 |
| Noninterest expense | 3,653,000 | 7,368,000 | 11,062,000 | 14,683,000 |
| Provision for loan losses | 115,000 | 138,000 | 138,000 | 138,000 |
| Pretax income | 620,000 | 1,453,000 | 2,432,000 | 3,727,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 620,000 | 1,453,000 | 2,432,000 | 3,727,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 48,731,000 | 49,323,000 | 50,301,000 | 51,521,000 |
| Total capital | 52,357,000 | 53,088,000 | 54,072,000 | 55,305,000 |
| Risk-weighted assets | 379,277,000 | 365,119,000 | 409,046,000 | 410,183,000 |