Call reports 2020
WCF FINANCIAL BANK — 2020
What WCF FINANCIAL BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 129,355,000 | 134,744,000 | 135,009,000 | 140,911,000 |
| Total loans | 68,824,000 | 78,114,000 | 80,164,000 | 85,035,000 |
| Allowance for loan losses | 590,000 | 709,000 | 758,000 | 836,000 |
| Securities available for sale | 37,729,000 | 37,434,000 | 33,767,000 | 32,676,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 92,504,000 | 95,523,000 | 92,100,000 | 97,057,000 |
| Interest-bearing deposits | 86,408,000 | 86,815,000 | 83,160,000 | 87,076,000 |
| Noninterest-bearing deposits | 6,096,000 | 8,708,000 | 8,940,000 | 9,981,000 |
| Equity capital | 20,260,000 | 21,081,000 | 21,218,000 | 21,328,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,028,000 | 2,111,000 | 3,230,000 | 4,301,000 |
| Interest expense | 309,000 | 582,000 | 822,000 | 1,023,000 |
| Net interest income | 719,000 | 1,529,000 | 2,408,000 | 3,278,000 |
| Noninterest income | 136,000 | 254,000 | 428,000 | 594,000 |
| Noninterest expense | 835,000 | 1,730,000 | 2,714,000 | 3,643,000 |
| Provision for loan losses | 40,000 | 159,000 | 254,000 | 332,000 |
| Pretax income | -20,000 | -106,000 | -129,000 | -100,000 |
| Income tax | -18,000 | -52,000 | -72,000 | -136,000 |
| Net income | -2,000 | -54,000 | -57,000 | 36,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,132,000 | 20,108,000 | 20,125,000 | 20,237,000 |
| Total capital | 20,722,000 | 20,817,000 | 20,883,000 | 21,073,000 |
| Risk-weighted assets | 61,422,000 | 70,189,000 | 73,516,000 | 78,755,000 |