Call reports 2016
WELLESLEY BANK — 2016
What WELLESLEY BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 618,752,000 | 644,879,000 | 664,484,000 | 693,450,000 |
| Total loans | 518,271,000 | 538,358,000 | 556,079,000 | 583,036,000 |
| Allowance for loan losses | 5,174,000 | 5,187,000 | 5,307,000 | 5,433,000 |
| Securities available for sale | 67,130,000 | 66,823,000 | 67,417,000 | 64,648,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 473,707,000 | 486,593,000 | 497,084,000 | 523,881,000 |
| Interest-bearing deposits | 401,724,000 | 404,496,000 | 415,462,000 | 428,807,000 |
| Noninterest-bearing deposits | 71,983,000 | 82,097,000 | 81,622,000 | 95,074,000 |
| Equity capital | 58,541,000 | 59,948,000 | 60,904,000 | 60,924,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 6,009,000 | 12,082,000 | 18,394,000 | 24,804,000 |
| Interest expense | 1,056,000 | 2,112,000 | 3,196,000 | 4,333,000 |
| Net interest income | 4,953,000 | 9,970,000 | 15,198,000 | 20,471,000 |
| Noninterest income | 350,000 | 851,000 | 1,274,000 | 1,721,000 |
| Noninterest expense | 3,621,000 | 7,388,000 | 11,270,000 | 15,228,000 |
| Provision for loan losses | 62,000 | 188,000 | 312,000 | 438,000 |
| Pretax income | 1,620,000 | 3,261,000 | 4,906,000 | 6,542,000 |
| Income tax | 615,000 | 1,246,000 | 1,868,000 | 2,497,000 |
| Net income | 1,005,000 | 2,015,000 | 3,038,000 | 4,045,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 57,901,000 | 58,974,000 | 60,067,000 | 61,152,000 |
| Total capital | 63,075,000 | 64,161,000 | 65,374,000 | 66,585,000 |
| Risk-weighted assets | 456,177,000 | 477,724,000 | 491,777,000 | 529,212,000 |