Call reports 2020
BANK OF WOLCOTT — 2020
What BANK OF WOLCOTT 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 | 188,130,000 | 192,911,000 | 192,933,000 | 187,524,000 |
| Total loans | 110,658,000 | 112,631,000 | 111,333,000 | 111,123,000 |
| Allowance for loan losses | 2,236,000 | 2,277,000 | 2,245,000 | 2,202,000 |
| Securities available for sale | 51,097,000 | 57,263,000 | 60,351,000 | 62,415,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 158,063,000 | 162,829,000 | 162,369,000 | 158,646,000 |
| Interest-bearing deposits | 124,237,000 | 123,181,000 | 124,070,000 | 115,792,000 |
| Noninterest-bearing deposits | 33,826,000 | 39,648,000 | 38,299,000 | 42,854,000 |
| Equity capital | 19,955,000 | 22,628,000 | 23,008,000 | 23,206,000 |
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 | 1,921,000 | 3,819,000 | 5,662,000 | 7,445,000 |
| Interest expense | 341,000 | 711,000 | 928,000 | 1,194,000 |
| Net interest income | 1,580,000 | 3,108,000 | 4,734,000 | 6,251,000 |
| Noninterest income | 149,000 | 408,000 | 581,000 | 728,000 |
| Noninterest expense | 977,000 | 1,897,000 | 2,924,000 | 4,006,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 135,000 |
| Pretax income | 799,000 | 1,621,000 | 2,348,000 | 2,928,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 799,000 | 1,621,000 | 2,348,000 | 2,928,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,300,000 | 20,721,000 | 21,047,000 | 21,229,000 |