Call reports 2019
WELLESLEY BANK — 2019
What WELLESLEY BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 909,308,000 | 952,069,000 | 979,235,000 | 940,072,000 |
| Total loans | 785,635,000 | 830,532,000 | 839,206,000 | 845,499,000 |
| Allowance for loan losses | 6,978,000 | 7,148,000 | 7,218,000 | 7,653,000 |
| Securities available for sale | 64,023,000 | 63,348,000 | 33,793,000 | 29,815,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 751,155,000 | 730,793,000 | 759,212,000 | 753,273,000 |
| Interest-bearing deposits | 624,058,000 | 600,104,000 | 625,889,000 | 613,187,000 |
| Noninterest-bearing deposits | 127,097,000 | 130,689,000 | 133,323,000 | 140,086,000 |
| Equity capital | 74,284,000 | 76,519,000 | 78,872,000 | 80,023,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 9,430,000 | 19,519,000 | 30,043,000 | 40,290,000 |
| Interest expense | 2,846,000 | 6,074,000 | 9,550,000 | 12,625,000 |
| Net interest income | 6,584,000 | 13,445,000 | 20,493,000 | 27,665,000 |
| Noninterest income | 680,000 | 1,569,000 | 2,530,000 | 3,121,000 |
| Noninterest expense | 4,843,000 | 9,916,000 | 14,665,000 | 19,643,000 |
| Provision for loan losses | 240,000 | 410,000 | 480,000 | 915,000 |
| Pretax income | 2,181,000 | 4,688,000 | 7,886,000 | 10,237,000 |
| Income tax | 587,000 | 1,273,000 | 2,144,000 | 2,795,000 |
| Net income | 1,594,000 | 3,415,000 | 5,742,000 | 7,442,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 74,174,000 | 75,852,000 | 78,280,000 | 79,493,000 |
| Total capital | 81,152,000 | 83,000,000 | 85,498,000 | 87,146,000 |
| Risk-weighted assets | 698,930,000 | 740,291,000 | 742,500,000 | 750,336,000 |