Call reports 2017
WELLESLEY BANK — 2017
What WELLESLEY BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 702,301,000 | 730,470,000 | 767,943,000 | 803,190,000 |
| Total loans | 592,618,000 | 624,233,000 | 654,432,000 | 692,491,000 |
| Allowance for loan losses | 5,420,000 | 5,543,000 | 5,793,000 | 6,153,000 |
| Securities available for sale | 66,942,000 | 66,472,000 | 65,731,000 | 66,486,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 526,901,000 | 536,882,000 | 582,492,000 | 617,338,000 |
| Interest-bearing deposits | 434,763,000 | 439,843,000 | 472,093,000 | 512,756,000 |
| Noninterest-bearing deposits | 92,138,000 | 97,039,000 | 110,399,000 | 104,582,000 |
| Equity capital | 62,324,000 | 63,877,000 | 65,456,000 | 65,680,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 6,487,000 | 13,353,000 | 20,657,000 | 28,367,000 |
| Interest expense | 1,123,000 | 2,312,000 | 3,655,000 | 5,117,000 |
| Net interest income | 5,364,000 | 11,041,000 | 17,002,000 | 23,250,000 |
| Noninterest income | 527,000 | 982,000 | 1,493,000 | 2,011,000 |
| Noninterest expense | 3,994,000 | 7,962,000 | 11,811,000 | 15,933,000 |
| Provision for loan losses | 0 | 123,000 | 373,000 | 735,000 |
| Pretax income | 1,897,000 | 3,938,000 | 6,311,000 | 8,593,000 |
| Income tax | 733,000 | 1,522,000 | 2,439,000 | 4,202,000 |
| Net income | 1,164,000 | 2,416,000 | 3,872,000 | 4,391,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 62,404,000 | 63,744,000 | 65,284,000 | 65,642,000 |
| Total capital | 67,824,000 | 69,287,000 | 71,077,000 | 71,795,000 |
| Risk-weighted assets | 536,786,000 | 560,837,000 | 585,606,000 | 612,616,000 |