Call reports 2018
WELLESLEY BANK — 2018
What WELLESLEY BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 819,586,000 | 829,319,000 | 835,964,000 | 869,482,000 |
| Total loans | 685,760,000 | 711,595,000 | 727,363,000 | 743,799,000 |
| Allowance for loan losses | 6,218,000 | 6,413,000 | 6,543,000 | 6,738,000 |
| Securities available for sale | 67,209,000 | 67,251,000 | 67,651,000 | 66,770,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 643,198,000 | 643,492,000 | 670,802,000 | 718,403,000 |
| Interest-bearing deposits | 532,429,000 | 527,015,000 | 538,847,000 | 601,345,000 |
| Noninterest-bearing deposits | 110,769,000 | 116,477,000 | 131,955,000 | 117,058,000 |
| Equity capital | 66,856,000 | 68,294,000 | 70,035,000 | 71,951,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 7,839,000 | 16,001,000 | 24,618,000 | 33,638,000 |
| Interest expense | 1,672,000 | 3,605,000 | 5,808,000 | 8,345,000 |
| Net interest income | 6,167,000 | 12,396,000 | 18,810,000 | 25,293,000 |
| Noninterest income | 585,000 | 1,240,000 | 1,812,000 | 2,621,000 |
| Noninterest expense | 4,300,000 | 8,613,000 | 12,957,000 | 17,578,000 |
| Provision for loan losses | 65,000 | 260,000 | 390,000 | 585,000 |
| Pretax income | 2,387,000 | 4,763,000 | 7,275,000 | 9,751,000 |
| Income tax | 653,000 | 1,296,000 | 1,968,000 | 2,658,000 |
| Net income | 1,734,000 | 3,467,000 | 5,307,000 | 7,093,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 67,462,000 | 69,050,000 | 70,996,000 | 72,484,000 |
| Total capital | 73,680,000 | 75,463,000 | 77,539,000 | 79,222,000 |
| Risk-weighted assets | 602,689,000 | 613,610,000 | 622,491,000 | 643,420,000 |