Call reports 2021
WCF FINANCIAL BANK — 2021
What WCF FINANCIAL BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 137,708,000 | 136,911,000 | 135,584,000 | 135,101,000 |
| Total loans | 88,089,000 | 87,772,000 | 83,275,000 | 89,544,000 |
| Allowance for loan losses | 848,000 | 837,000 | 871,000 | 893,000 |
| Securities available for sale | 30,835,000 | 28,387,000 | 31,497,000 | 28,063,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 99,182,000 | 99,244,000 | 97,687,000 | 99,584,000 |
| Interest-bearing deposits | 87,535,000 | 88,593,000 | 87,100,000 | 87,861,000 |
| Noninterest-bearing deposits | 11,647,000 | 10,651,000 | 10,587,000 | 11,723,000 |
| Equity capital | 21,267,000 | 21,694,000 | 21,821,000 | 21,615,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 1,260,000 | 2,435,000 | 3,516,000 | 4,628,000 |
| Interest expense | 159,000 | 297,000 | 429,000 | 553,000 |
| Net interest income | 1,101,000 | 2,138,000 | 3,087,000 | 4,075,000 |
| Noninterest income | 128,000 | 265,000 | 401,000 | 544,000 |
| Noninterest expense | 914,000 | 1,747,000 | 2,686,000 | 3,679,000 |
| Provision for loan losses | 40,000 | 70,000 | 100,000 | 130,000 |
| Pretax income | 275,000 | 669,000 | 803,000 | 933,000 |
| Income tax | 55,000 | 142,000 | 164,000 | 177,000 |
| Net income | 220,000 | 527,000 | 639,000 | 756,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,491,000 | 20,818,000 | 20,951,000 | 21,090,000 |
| Total capital | 21,339,000 | 21,655,000 | 21,822,000 | 21,983,000 |
| Risk-weighted assets | 84,350,000 | 81,821,000 | 78,043,000 | 88,555,000 |