Call reports 2016
WCF FINANCIAL BANK — 2016
What WCF FINANCIAL 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 | 113,195,000 | 137,809,000 | 121,938,000 | 119,421,000 |
| Total loans | 58,589,000 | 59,332,000 | 59,899,000 | 61,089,000 |
| Allowance for loan losses | 502,000 | 516,000 | 474,000 | 487,000 |
| Securities available for sale | 36,837,000 | 38,784,000 | 43,950,000 | 41,850,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 89,853,000 | 115,331,000 | 93,191,000 | 92,175,000 |
| Interest-bearing deposits | 85,284,000 | 84,282,000 | 82,128,000 | 83,236,000 |
| Noninterest-bearing deposits | 4,569,000 | 31,049,000 | 11,063,000 | 8,939,000 |
| Equity capital | 13,330,000 | 13,568,000 | 19,200,000 | 18,654,000 |
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 | 929,000 | 1,874,000 | 2,839,000 | 3,792,000 |
| Interest expense | 164,000 | 327,000 | 487,000 | 661,000 |
| Net interest income | 765,000 | 1,547,000 | 2,352,000 | 3,131,000 |
| Noninterest income | 82,000 | 178,000 | 271,000 | 398,000 |
| Noninterest expense | 785,000 | 1,587,000 | 2,367,000 | 3,340,000 |
| Provision for loan losses | 0 | 20,000 | 20,000 | 60,000 |
| Pretax income | 77,000 | 133,000 | 351,000 | 274,000 |
| Income tax | -13,000 | -30,000 | 65,000 | 42,000 |
| Net income | 90,000 | 163,000 | 286,000 | 232,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,112,000 | 13,187,000 | 18,954,000 | 18,993,000 |
| Total capital | 13,614,000 | 13,703,000 | 19,428,000 | 19,480,000 |
| Risk-weighted assets | 49,458,000 | 55,540,000 | 51,723,000 | 51,670,000 |