Call reports 2019
WCF FINANCIAL BANK — 2019
What WCF FINANCIAL BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 128,000,000 | 125,674,000 | 125,680,000 | 134,509,000 |
| Total loans | 72,036,000 | 69,647,000 | 67,526,000 | 66,097,000 |
| Allowance for loan losses | 529,000 | 549,000 | 553,000 | 572,000 |
| Securities available for sale | 39,920,000 | 39,960,000 | 41,584,000 | 40,753,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 91,049,000 | 88,591,000 | 88,538,000 | 92,815,000 |
| Interest-bearing deposits | 84,173,000 | 82,737,000 | 83,432,000 | 87,988,000 |
| Noninterest-bearing deposits | 6,876,000 | 5,854,000 | 5,106,000 | 4,827,000 |
| Equity capital | 19,243,000 | 19,861,000 | 20,152,000 | 20,406,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 1,058,000 | 2,151,000 | 3,228,000 | 4,281,000 |
| Interest expense | 343,000 | 707,000 | 1,057,000 | 1,408,000 |
| Net interest income | 715,000 | 1,444,000 | 2,171,000 | 2,873,000 |
| Noninterest income | 123,000 | 265,000 | 486,000 | 636,000 |
| Noninterest expense | 827,000 | 1,616,000 | 2,380,000 | 3,207,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | -8,000 | 44,000 | 209,000 | 247,000 |
| Income tax | 2,000 | -19,000 | 2,000 | 5,000 |
| Net income | -10,000 | 63,000 | 207,000 | 242,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,606,000 | 19,697,000 | 19,862,000 | 20,119,000 |
| Total capital | 20,135,000 | 20,246,000 | 20,415,000 | 20,691,000 |
| Risk-weighted assets | 59,419,000 | 58,557,000 | 57,292,000 | 58,537,000 |