Call reports 2013
WAKE FOREST FEDERAL SAVINGS AND LOAN ASSOCIATION — 2013
What WAKE FOREST FEDERAL SAVINGS AND LOAN ASSOCIATION reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 114,915,000 | 115,630,000 | 115,568,000 | 111,389,000 |
| Total loans | 70,128,000 | 68,800,000 | 68,267,000 | 65,333,000 |
| Allowance for loan losses | 1,575,000 | 1,605,000 | 1,623,000 | 1,644,000 |
| Securities available for sale | 1,275,000 | 1,282,000 | 1,287,000 | 1,280,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 92,500,000 | 93,071,000 | 93,033,000 | 88,648,000 |
| Interest-bearing deposits | 90,675,000 | 90,956,000 | 90,584,000 | 87,141,000 |
| Noninterest-bearing deposits | 1,825,000 | 2,115,000 | 2,449,000 | 1,507,000 |
| Equity capital | 21,409,000 | 21,535,000 | 21,594,000 | 21,757,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,029,000 | 2,046,000 | 3,030,000 | 4,041,000 |
| Interest expense | 339,000 | 673,000 | 1,002,000 | 1,308,000 |
| Net interest income | 690,000 | 1,373,000 | 2,028,000 | 2,733,000 |
| Noninterest income | 20,000 | 47,000 | 58,000 | 77,000 |
| Noninterest expense | 394,000 | 803,000 | 1,153,000 | 1,530,000 |
| Provision for loan losses | 40,000 | 70,000 | 88,000 | 120,000 |
| Pretax income | 276,000 | 547,000 | 845,000 | 1,160,000 |
| Income tax | 100,000 | 201,000 | 332,000 | 449,000 |
| Net income | 176,000 | 346,000 | 513,000 | 711,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,407,000 | 21,541,000 | 21,597,000 | 21,756,000 |
| Total capital | 22,211,000 | 22,349,000 | 22,405,000 | 22,537,000 |
| Risk-weighted assets | 63,701,000 | 64,020,000 | 64,143,000 | 61,717,000 |