Call reports 2014
WELLESLEY BANK — 2014
What WELLESLEY BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 474,984,000 | 493,026,000 | 504,304,000 | 533,777,000 |
| Total loans | 403,473,000 | 423,056,000 | 437,929,000 | 448,745,000 |
| Allowance for loan losses | 4,393,000 | 4,613,000 | 4,682,000 | 4,738,000 |
| Securities available for sale | 42,344,000 | 39,852,000 | 42,233,000 | 52,681,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 383,902,000 | 388,918,000 | 391,192,000 | 424,089,000 |
| Interest-bearing deposits | 337,849,000 | 340,280,000 | 341,027,000 | 365,107,000 |
| Noninterest-bearing deposits | 46,053,000 | 48,638,000 | 50,165,000 | 58,982,000 |
| Equity capital | 42,447,000 | 43,245,000 | 43,926,000 | 44,663,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 4,568,000 | 9,432,000 | 14,426,000 | 19,545,000 |
| Interest expense | 825,000 | 1,688,000 | 2,585,000 | 3,507,000 |
| Net interest income | 3,743,000 | 7,744,000 | 11,841,000 | 16,038,000 |
| Noninterest income | 243,000 | 482,000 | 733,000 | 968,000 |
| Noninterest expense | 2,918,000 | 5,956,000 | 9,032,000 | 12,521,000 |
| Provision for loan losses | 180,000 | 400,000 | 580,000 | 640,000 |
| Pretax income | 904,000 | 1,886,000 | 2,978,000 | 3,861,000 |
| Income tax | 349,000 | 725,000 | 1,148,000 | 1,462,000 |
| Net income | 555,000 | 1,161,000 | 1,830,000 | 2,399,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 42,221,000 | 42,886,000 | 43,618,000 | 44,246,000 |
| Total capital | 46,463,000 | 47,300,000 | 48,194,000 | 48,841,000 |
| Risk-weighted assets | 347,064,000 | 360,489,000 | 367,065,000 | 379,266,000 |