Call reports 2022
WAYLAND STATE BANK — 2022
What WAYLAND 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 | 138,080,000 | 136,838,000 | 131,545,000 | 133,059,000 |
| Total loans | 53,005,000 | 52,834,000 | 53,062,000 | 53,619,000 |
| Allowance for loan losses | 1,499,000 | 1,242,000 | 1,242,000 | 1,242,000 |
| Securities available for sale | 46,335,000 | 48,756,000 | 54,713,000 | 55,143,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 116,377,000 | 115,673,000 | 111,601,000 | 112,250,000 |
| Interest-bearing deposits | 77,367,000 | 77,293,000 | 75,976,000 | 75,301,000 |
| Noninterest-bearing deposits | 39,010,000 | 38,380,000 | 35,625,000 | 36,949,000 |
| Equity capital | 20,417,000 | 19,885,000 | 18,666,000 | 19,509,000 |
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 | 837,000 | 1,732,000 | 2,738,000 | 3,822,000 |
| Interest expense | 48,000 | 99,000 | 152,000 | 221,000 |
| Net interest income | 789,000 | 1,633,000 | 2,586,000 | 3,601,000 |
| Noninterest income | 57,000 | 20,000 | 89,000 | 249,000 |
| Noninterest expense | 455,000 | 826,000 | 1,286,000 | 1,864,000 |
| Provision for loan losses | 50,000 | -153,000 | -153,000 | -153,000 |
| Pretax income | 399,000 | 1,044,000 | 1,606,000 | 2,181,000 |
| Income tax | 80,000 | 222,000 | 342,000 | 422,000 |
| Net income | 319,000 | 822,000 | 1,264,000 | 1,759,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,996,000 | 21,506,000 | 21,915,000 | 22,195,000 |
| Total capital | 21,969,000 | — | — | — |
| Risk-weighted assets | 77,392,000 | — | — | — |