Call reports 2022
WELLINGTON STATE BANK — 2022
What WELLINGTON STATE BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 559,827,000 | 553,262,000 | 549,139,000 | 556,347,000 |
| Total loans | 300,302,000 | 309,899,000 | 312,726,000 | 326,742,000 |
| Allowance for loan losses | 3,785,000 | 3,948,000 | 3,986,000 | 4,127,000 |
| Securities available for sale | 185,396,000 | 184,993,000 | 179,596,000 | 177,605,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 508,628,000 | 510,296,000 | 506,476,000 | 501,379,000 |
| Interest-bearing deposits | 333,252,000 | 332,553,000 | 326,275,000 | 324,176,000 |
| Noninterest-bearing deposits | 175,376,000 | 177,743,000 | 180,201,000 | 177,203,000 |
| Equity capital | 44,517,000 | 35,875,000 | 35,136,000 | 37,648,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 4,571,000 | 9,944,000 | 15,529,000 | 21,628,000 |
| Interest expense | 222,000 | 473,000 | 807,000 | 1,511,000 |
| Net interest income | 4,349,000 | 9,471,000 | 14,722,000 | 20,117,000 |
| Noninterest income | 540,000 | 1,090,000 | 1,648,000 | 2,188,000 |
| Noninterest expense | 3,482,000 | 7,138,000 | 11,029,000 | 15,124,000 |
| Provision for loan losses | 45,000 | 90,000 | 137,000 | 276,000 |
| Pretax income | 1,366,000 | 3,341,000 | 5,218,000 | 6,159,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,366,000 | 3,341,000 | 5,218,000 | 6,159,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 51,921,000 | 53,871,000 | 55,713,000 | 56,599,000 |
| Total capital | 55,706,000 | 57,819,000 | 59,699,000 | 60,726,000 |
| Risk-weighted assets | 387,539,000 | 411,149,000 | 384,049,000 | 393,273,000 |