Call reports 2017
WELLS FEDERAL BANK — 2017
What WELLS FEDERAL BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 |
|---|---|---|
| Total assets | 265,778,000 | 266,528,000 |
| Total loans | 201,213,000 | 198,903,000 |
| Allowance for loan losses | 1,999,000 | 1,968,000 |
| Securities available for sale | 30,995,000 | 30,116,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 240,176,000 | 239,863,000 |
| Interest-bearing deposits | 212,228,000 | 212,961,000 |
| Noninterest-bearing deposits | 27,948,000 | 26,902,000 |
| Equity capital | 24,780,000 | 25,608,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 |
|---|---|---|
| Interest income | 2,558,000 | 5,032,000 |
| Interest expense | 84,000 | 169,000 |
| Net interest income | 2,474,000 | 4,863,000 |
| Noninterest income | 808,000 | 1,658,000 |
| Noninterest expense | 2,119,000 | 4,375,000 |
| Provision for loan losses | 0 | 0 |
| Pretax income | 1,169,000 | 2,152,000 |
| Income tax | 436,000 | 747,000 |
| Net income | 733,000 | 1,405,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 |
|---|---|---|
| Tier 1 capital | 24,724,000 | 25,400,000 |
| Total capital | 26,843,000 | 27,488,000 |
| Risk-weighted assets | 199,378,000 | 199,430,000 |