Call reports 2016
BANK OF WEDOWEE — 2016
What BANK OF WEDOWEE 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 | 126,843,000 | 126,650,000 | 130,838,000 | 132,358,000 |
| Total loans | 58,711,000 | 59,143,000 | 62,709,000 | 64,443,000 |
| Allowance for loan losses | 584,000 | 654,000 | 695,000 | 644,000 |
| Securities available for sale | 53,450,000 | 51,119,000 | 51,078,000 | 49,307,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 107,784,000 | 106,836,000 | 108,524,000 | 113,137,000 |
| Interest-bearing deposits | 81,612,000 | 82,571,000 | 83,954,000 | 86,874,000 |
| Noninterest-bearing deposits | 26,172,000 | 24,265,000 | 24,570,000 | 26,263,000 |
| Equity capital | 14,424,000 | 15,005,000 | 15,294,000 | 14,548,000 |
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 | 1,150,000 | 2,321,000 | 3,494,000 | 4,721,000 |
| Interest expense | 140,000 | 278,000 | 415,000 | 550,000 |
| Net interest income | 1,010,000 | 2,043,000 | 3,079,000 | 4,171,000 |
| Noninterest income | 186,000 | 367,000 | 615,000 | 814,000 |
| Noninterest expense | 835,000 | 1,642,000 | 2,486,000 | 3,322,000 |
| Provision for loan losses | 75,000 | 150,000 | 225,000 | 290,000 |
| Pretax income | 299,000 | 661,000 | 1,058,000 | 1,448,000 |
| Income tax | 86,000 | 189,000 | 311,000 | 440,000 |
| Net income | 213,000 | 472,000 | 747,000 | 1,008,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,957,000 | 13,102,000 | 13,313,000 | 13,874,000 |
| Total capital | 13,541,000 | 13,756,000 | 14,008,000 | 14,518,000 |
| Risk-weighted assets | 70,139,000 | 70,284,000 | 74,155,000 | 77,924,000 |