Call reports 2020
WELLESLEY BANK — 2020
What WELLESLEY BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 |
|---|---|
| Total assets | 948,256,000 |
| Total loans | 865,880,000 |
| Allowance for loan losses | 8,208,000 |
| Securities available for sale | 24,369,000 |
| Securities held to maturity | 0 |
| Trading assets | 0 |
| Total deposits | 735,886,000 |
| Interest-bearing deposits | 582,873,000 |
| Noninterest-bearing deposits | 153,013,000 |
| Equity capital | 81,669,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 |
|---|---|
| Interest income | 10,261,000 |
| Interest expense | 2,715,000 |
| Net interest income | 7,546,000 |
| Noninterest income | 902,000 |
| Noninterest expense | 5,044,000 |
| Provision for loan losses | 555,000 |
| Pretax income | 2,849,000 |
| Income tax | 785,000 |
| Net income | 2,064,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 |
|---|---|
| Tier 1 capital | 81,177,000 |
| Total capital | 89,385,000 |
| Risk-weighted assets | 770,223,000 |