Call reports 2017
WCF FINANCIAL BANK — 2017
What WCF FINANCIAL BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 119,529,000 | 118,072,000 | 111,668,000 | 124,646,000 |
| Total loans | 61,599,000 | 62,215,000 | 59,372,000 | 68,907,000 |
| Allowance for loan losses | 500,000 | 499,000 | 516,000 | 538,000 |
| Securities available for sale | 40,382,000 | 38,735,000 | 36,537,000 | 39,011,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 92,124,000 | 90,416,000 | 86,801,000 | 88,808,000 |
| Interest-bearing deposits | 84,525,000 | 83,359,000 | 81,878,000 | 84,040,000 |
| Noninterest-bearing deposits | 7,599,000 | 7,057,000 | 4,923,000 | 4,768,000 |
| Equity capital | 18,815,000 | 19,134,000 | 19,219,000 | 18,910,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 955,000 | 1,906,000 | 2,833,000 | 3,747,000 |
| Interest expense | 176,000 | 353,000 | 519,000 | 703,000 |
| Net interest income | 779,000 | 1,553,000 | 2,314,000 | 3,044,000 |
| Noninterest income | 148,000 | 287,000 | 426,000 | 545,000 |
| Noninterest expense | 794,000 | 1,677,000 | 2,500,000 | 3,293,000 |
| Provision for loan losses | 18,000 | 36,000 | 54,000 | 76,000 |
| Pretax income | 115,000 | 127,000 | 186,000 | 220,000 |
| Income tax | 6,000 | -21,000 | -29,000 | 197,000 |
| Net income | 109,000 | 148,000 | 215,000 | 23,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,117,000 | 19,171,000 | 19,264,000 | 19,117,000 |
| Total capital | 19,617,000 | 19,670,000 | 19,780,000 | 19,655,000 |
| Risk-weighted assets | 52,111,000 | 51,473,000 | 48,960,000 | 55,489,000 |