Call reports 2016
WELLS FEDERAL BANK — 2016
What WELLS FEDERAL BANK 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 | 269,457,000 | 273,457,000 | 264,997,000 | 264,496,000 |
| Total loans | 197,765,000 | 198,827,000 | 199,824,000 | 200,331,000 |
| Allowance for loan losses | 2,070,000 | 2,102,000 | 2,100,000 | 1,907,000 |
| Securities available for sale | 36,080,000 | 36,055,000 | 34,844,000 | 33,353,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 243,001,000 | 245,867,000 | 237,084,000 | 236,553,000 |
| Interest-bearing deposits | 214,863,000 | 223,196,000 | 213,655,000 | 211,699,000 |
| Noninterest-bearing deposits | 28,138,000 | 22,671,000 | 23,429,000 | 24,854,000 |
| Equity capital | 25,406,000 | 26,097,000 | 26,835,000 | 27,235,000 |
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 | 2,425,000 | 4,908,000 | 7,406,000 | 9,854,000 |
| Interest expense | 89,000 | 181,000 | 270,000 | 355,000 |
| Net interest income | 2,336,000 | 4,727,000 | 7,136,000 | 9,499,000 |
| Noninterest income | 872,000 | 1,730,000 | 2,715,000 | 3,572,000 |
| Noninterest expense | 2,249,000 | 4,602,000 | 6,804,000 | 9,013,000 |
| Provision for loan losses | 20,000 | 40,000 | 40,000 | 40,000 |
| Pretax income | 939,000 | 1,815,000 | 3,009,000 | 4,020,000 |
| Income tax | 344,000 | 666,000 | 1,075,000 | 1,447,000 |
| Net income | 595,000 | 1,149,000 | 1,934,000 | 2,573,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,123,000 | 25,706,000 | 26,520,000 | 27,167,000 |
| Total capital | 27,313,000 | 27,928,000 | 28,740,000 | 29,194,000 |
| Risk-weighted assets | 194,324,000 | 193,577,000 | 195,866,000 | 199,563,000 |