Call reports 2013
WELLESLEY BANK — 2013
What WELLESLEY BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 384,434,000 | 395,491,000 | 419,847,000 | 457,363,000 |
| Total loans | 317,036,000 | 336,642,000 | 360,496,000 | 388,882,000 |
| Allowance for loan losses | 3,908,000 | 4,008,000 | 4,158,000 | 4,213,000 |
| Securities available for sale | 38,529,000 | 35,276,000 | 35,232,000 | 36,672,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 310,032,000 | 308,561,000 | 334,771,000 | 364,754,000 |
| Interest-bearing deposits | 270,244,000 | 269,091,000 | 289,527,000 | 319,771,000 |
| Noninterest-bearing deposits | 39,788,000 | 39,470,000 | 45,244,000 | 44,983,000 |
| Equity capital | 35,051,000 | 35,437,000 | 36,191,000 | 36,772,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 3,955,000 | 7,914,000 | 12,173,000 | 16,661,000 |
| Interest expense | 683,000 | 1,377,000 | 2,092,000 | 2,879,000 |
| Net interest income | 3,272,000 | 6,537,000 | 10,081,000 | 13,782,000 |
| Noninterest income | 214,000 | 473,000 | 702,000 | 962,000 |
| Noninterest expense | 2,133,000 | 4,426,000 | 6,814,000 | 9,697,000 |
| Provision for loan losses | 100,000 | 200,000 | 350,000 | 500,000 |
| Pretax income | 1,253,000 | 2,487,000 | 3,722,000 | 4,650,000 |
| Income tax | 487,000 | 961,000 | 1,437,000 | 1,774,000 |
| Net income | 766,000 | 1,526,000 | 2,285,000 | 2,876,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 34,328,000 | 35,142,000 | 35,956,000 | 36,606,000 |
| Total capital | 37,759,000 | 38,738,000 | 39,799,000 | 40,732,000 |
| Risk-weighted assets | 274,343,000 | 294,589,000 | 314,748,000 | 336,620,000 |