Call reports 2014
WELLS FEDERAL BANK — 2014
What WELLS FEDERAL BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 245,184,000 | 240,103,000 | 251,047,000 | 251,521,000 |
| Total loans | 167,057,000 | 169,981,000 | 181,318,000 | 185,915,000 |
| Allowance for loan losses | 1,826,000 | 1,934,000 | 2,040,000 | 2,158,000 |
| Securities available for sale | 36,443,000 | 36,147,000 | 38,244,000 | 34,159,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 219,812,000 | 214,978,000 | 225,037,000 | 225,342,000 |
| Interest-bearing deposits | 202,083,000 | 198,809,000 | 205,558,000 | 205,647,000 |
| Noninterest-bearing deposits | 17,729,000 | 16,169,000 | 19,479,000 | 19,695,000 |
| Equity capital | 24,441,000 | 24,641,000 | 25,200,000 | 25,662,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 2,113,000 | 4,248,000 | 6,451,000 | 8,818,000 |
| Interest expense | 160,000 | 314,000 | 462,000 | 597,000 |
| Net interest income | 1,953,000 | 3,934,000 | 5,989,000 | 8,221,000 |
| Noninterest income | 798,000 | 1,460,000 | 2,265,000 | 3,079,000 |
| Noninterest expense | 2,149,000 | 4,467,000 | 6,583,000 | 8,788,000 |
| Provision for loan losses | 170,000 | 320,000 | 420,000 | 520,000 |
| Pretax income | 435,000 | 610,000 | 1,254,000 | 1,997,000 |
| Income tax | 174,000 | 244,000 | 335,000 | 635,000 |
| Net income | 261,000 | 366,000 | 919,000 | 1,362,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,258,000 | 24,370,000 | 24,932,000 | 25,380,000 |
| Total capital | 26,181,000 | 26,404,000 | 27,050,000 | 27,566,000 |
| Risk-weighted assets | 169,337,000 | 169,138,000 | 182,500,000 | 186,953,000 |