Call reports 2016
WAYLAND STATE BANK — 2016
What WAYLAND STATE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 88,190,000 | 86,526,000 | 87,468,000 | 111,681,000 |
| Total loans | 46,127,000 | 46,621,000 | 48,077,000 | 57,452,000 |
| Allowance for loan losses | 850,000 | 851,000 | 911,000 | 961,000 |
| Securities available for sale | 24,144,000 | 24,202,000 | 23,225,000 | 35,871,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 70,677,000 | 68,707,000 | 69,548,000 | 94,137,000 |
| Interest-bearing deposits | 52,578,000 | 50,446,000 | 51,279,000 | 70,516,000 |
| Noninterest-bearing deposits | 18,099,000 | 18,261,000 | 18,269,000 | 23,621,000 |
| Equity capital | 16,728,000 | 17,023,000 | 17,122,000 | 16,727,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 731,000 | 1,428,000 | 2,189,000 | 3,154,000 |
| Interest expense | 56,000 | 112,000 | 167,000 | 241,000 |
| Net interest income | 675,000 | 1,316,000 | 2,022,000 | 2,913,000 |
| Noninterest income | 53,000 | 119,000 | 184,000 | 311,000 |
| Noninterest expense | 309,000 | 698,000 | 1,100,000 | 1,734,000 |
| Provision for loan losses | 25,000 | 50,000 | 100,000 | 150,000 |
| Pretax income | 394,000 | 699,000 | 1,018,000 | 1,352,000 |
| Income tax | 123,000 | 221,000 | 324,000 | 370,000 |
| Net income | 271,000 | 478,000 | 694,000 | 982,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,591,000 | 16,798,000 | 16,956,000 | 15,814,000 |
| Total capital | 17,306,000 | 17,515,000 | 17,692,000 | 16,716,000 |
| Risk-weighted assets | 57,112,000 | 57,271,000 | 58,724,000 | 72,175,000 |