Call reports 2024
WCF FINANCIAL BANK — 2024
What WCF FINANCIAL BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 204,904,000 | 206,706,000 | 212,249,000 | 226,661,000 |
| Total loans | 156,525,000 | 165,649,000 | 169,182,000 | 168,114,000 |
| Allowance for loan losses | 1,128,000 | 1,171,000 | 1,216,000 | 1,262,000 |
| Securities available for sale | 24,192,000 | 23,677,000 | 24,081,000 | 26,163,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 154,961,000 | 152,998,000 | 157,063,000 | 161,918,000 |
| Interest-bearing deposits | 142,734,000 | 142,089,000 | 144,578,000 | 138,173,000 |
| Noninterest-bearing deposits | 12,227,000 | 10,909,000 | 12,485,000 | 23,745,000 |
| Equity capital | 20,194,000 | 20,292,000 | 20,681,000 | 20,255,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 2,532,000 | 5,224,000 | 8,085,000 | 10,929,000 |
| Interest expense | 1,450,000 | 3,043,000 | 4,704,000 | 6,306,000 |
| Net interest income | 1,082,000 | 2,181,000 | 3,381,000 | 4,623,000 |
| Noninterest income | 217,000 | 447,000 | 682,000 | 879,000 |
| Noninterest expense | 1,297,000 | 2,579,000 | 3,924,000 | 5,429,000 |
| Provision for loan losses | 17,000 | 62,000 | 107,000 | 152,000 |
| Pretax income | 11,000 | 13,000 | 58,000 | -53,000 |
| Income tax | -11,000 | -24,000 | -27,000 | -21,000 |
| Net income | 22,000 | 37,000 | 85,000 | -32,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,791,000 | 21,826,000 | 21,694,000 | 21,704,000 |
| Total capital | 22,964,000 | 23,042,000 | — | 23,011,000 |
| Risk-weighted assets | 158,965,000 | 157,532,000 | — | 158,138,000 |