Call reports 2022
WCF FINANCIAL BANK — 2022
What WCF FINANCIAL BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 144,419,000 | 149,454,000 | 154,903,000 | 159,472,000 |
| Total loans | 101,641,000 | 104,505,000 | 112,644,000 | 119,272,000 |
| Allowance for loan losses | 921,000 | 926,000 | 965,000 | 953,000 |
| Securities available for sale | 26,328,000 | 25,661,000 | 24,421,000 | 24,606,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 103,817,000 | 112,899,000 | 116,254,000 | 119,144,000 |
| Interest-bearing deposits | 91,203,000 | 100,346,000 | 102,030,000 | 101,691,000 |
| Noninterest-bearing deposits | 12,614,000 | 12,553,000 | 14,224,000 | 17,453,000 |
| Equity capital | 20,723,000 | 19,878,000 | 19,857,000 | 19,906,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 1,120,000 | 2,394,000 | 3,792,000 | 5,371,000 |
| Interest expense | 119,000 | 284,000 | 496,000 | 840,000 |
| Net interest income | 1,001,000 | 2,110,000 | 3,296,000 | 4,531,000 |
| Noninterest income | 136,000 | 278,000 | 575,000 | 711,000 |
| Noninterest expense | 1,034,000 | 2,098,000 | 3,214,000 | 4,386,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 121,000 | 283,000 | 620,000 | 789,000 |
| Income tax | 19,000 | 19,000 | 92,000 | 136,000 |
| Net income | 102,000 | 264,000 | 528,000 | 653,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,252,000 | 21,433,000 | 21,718,000 | 21,863,000 |
| Total capital | 22,173,000 | 22,359,000 | 22,683,000 | 22,816,000 |
| Risk-weighted assets | 93,522,000 | 103,346,000 | 116,340,000 | 116,185,000 |