Call reports 2024
WAYLAND STATE BANK — 2024
What WAYLAND STATE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 |
|---|---|---|
| Total assets | 127,472,000 | 125,361,000 |
| Total loans | 56,269,000 | 53,850,000 |
| Allowance for loan losses | 940,000 | 940,000 |
| Securities available for sale | 51,492,000 | 50,050,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 103,464,000 | 101,363,000 |
| Interest-bearing deposits | 72,245,000 | 74,463,000 |
| Noninterest-bearing deposits | 31,219,000 | 26,900,000 |
| Equity capital | 22,645,000 | 22,873,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 |
|---|---|---|
| Interest income | 1,295,000 | 2,632,000 |
| Interest expense | 270,000 | 576,000 |
| Net interest income | 1,025,000 | 2,056,000 |
| Noninterest income | 65,000 | 196,000 |
| Noninterest expense | 415,000 | 1,137,000 |
| Provision for loan losses | 0 | 0 |
| Pretax income | 730,000 | 1,170,000 |
| Income tax | 158,000 | 319,000 |
| Net income | 572,000 | 851,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 |
|---|---|---|
| Tier 1 capital | 24,641,000 | 24,924,000 |