Call reports 2023
WAYLAND STATE BANK — 2023
What WAYLAND STATE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 131,483,000 | 129,367,000 | 125,519,000 | 129,572,000 |
| Total loans | 56,848,000 | 54,772,000 | 56,222,000 | 58,184,000 |
| Allowance for loan losses | 1,242,000 | 1,240,000 | 940,000 | 940,000 |
| Securities available for sale | 55,042,000 | 52,781,000 | 50,307,000 | 52,316,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 109,547,000 | 107,303,000 | 103,767,000 | 105,914,000 |
| Interest-bearing deposits | 74,179,000 | 75,145,000 | 72,717,000 | 73,019,000 |
| Noninterest-bearing deposits | 35,368,000 | 32,158,000 | 31,050,000 | 32,895,000 |
| Equity capital | 20,581,000 | 20,656,000 | 20,333,000 | 22,321,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 1,160,000 | 2,407,000 | 3,691,000 | 5,018,000 |
| Interest expense | 121,000 | 299,000 | 504,000 | 739,000 |
| Net interest income | 1,039,000 | 2,108,000 | 3,187,000 | 4,279,000 |
| Noninterest income | 59,000 | 123,000 | 188,000 | 323,000 |
| Noninterest expense | 450,000 | 980,000 | 1,406,000 | 1,999,000 |
| Provision for loan losses | 0 | 0 | -300,000 | -300,000 |
| Pretax income | 692,000 | 1,295,000 | 2,313,000 | 2,947,000 |
| Income tax | 153,000 | 289,000 | 520,000 | 622,000 |
| Net income | 539,000 | 1,006,000 | 1,793,000 | 2,325,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,741,000 | 23,183,000 | 23,875,000 | 24,062,000 |
| Total capital | — | — | 24,815,000 | — |
| Risk-weighted assets | — | — | 79,458,000 | — |