Call reports 2014
WAKE FOREST FEDERAL SAVINGS AND LOAN ASSOCIATION — 2014
What WAKE FOREST FEDERAL SAVINGS AND LOAN ASSOCIATION 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 | 112,155,000 | 114,594,000 | 114,034,000 | 112,541,000 |
| Total loans | 69,171,000 | 65,627,000 | 65,893,000 | 67,837,000 |
| Allowance for loan losses | 1,659,000 | 1,674,000 | 1,622,000 | 1,659,000 |
| Securities available for sale | 1,284,000 | 1,289,000 | 1,294,000 | 1,296,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 88,857,000 | 91,034,000 | 90,485,000 | 88,868,000 |
| Interest-bearing deposits | 87,470,000 | 89,195,000 | 88,282,000 | 87,044,000 |
| Noninterest-bearing deposits | 1,387,000 | 1,839,000 | 2,203,000 | 1,824,000 |
| Equity capital | 21,882,000 | 22,054,000 | 22,139,000 | 22,183,000 |
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 | 973,000 | 2,032,000 | 3,071,000 | 4,130,000 |
| Interest expense | 277,000 | 559,000 | 839,000 | 1,110,000 |
| Net interest income | 696,000 | 1,473,000 | 2,232,000 | 3,020,000 |
| Noninterest income | 26,000 | 67,000 | 85,000 | 103,000 |
| Noninterest expense | 390,000 | 790,000 | 1,194,000 | 1,593,000 |
| Provision for loan losses | 15,000 | 30,000 | 68,000 | 105,000 |
| Pretax income | 317,000 | 720,000 | 1,055,000 | 1,425,000 |
| Income tax | 124,000 | 276,000 | 402,000 | 538,000 |
| Net income | 193,000 | 444,000 | 653,000 | 887,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,873,000 | 22,042,000 | 22,130,000 | 22,176,000 |
| Total capital | 22,698,000 | 22,798,000 | 22,905,000 | 22,958,000 |
| Risk-weighted assets | 65,398,000 | 60,119,000 | 61,218,000 | 61,744,000 |