Call reports 2015
WAKE FOREST FEDERAL SAVINGS AND LOAN ASSOCIATION — 2015
What WAKE FOREST FEDERAL SAVINGS AND LOAN ASSOCIATION reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 108,839,000 | 109,257,000 | 106,593,000 | 106,373,000 |
| Total loans | 68,982,000 | 62,429,000 | 61,552,000 | 58,732,000 |
| Allowance for loan losses | 1,697,000 | 1,498,000 | 1,533,000 | 1,458,000 |
| Securities available for sale | 1,319,000 | 2,188,000 | 2,196,000 | 2,192,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 85,063,000 | 85,414,000 | 82,615,000 | 82,273,000 |
| Interest-bearing deposits | 83,414,000 | 83,117,000 | 80,444,000 | 79,462,000 |
| Noninterest-bearing deposits | 1,649,000 | 2,297,000 | 2,171,000 | 2,811,000 |
| Equity capital | 22,362,000 | 22,423,000 | 22,543,000 | 22,577,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 1,052,000 | 2,091,000 | 3,090,000 | 4,055,000 |
| Interest expense | 239,000 | 475,000 | 695,000 | 894,000 |
| Net interest income | 813,000 | 1,616,000 | 2,395,000 | 3,161,000 |
| Noninterest income | 23,000 | 42,000 | 61,000 | 79,000 |
| Noninterest expense | 432,000 | 856,000 | 1,309,000 | 1,734,000 |
| Provision for loan losses | 38,000 | 90,000 | 125,000 | 150,000 |
| Pretax income | 366,000 | 712,000 | 1,022,000 | 1,356,000 |
| Income tax | 135,000 | 260,000 | 375,000 | 497,000 |
| Net income | 231,000 | 452,000 | 647,000 | 859,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,351,000 | 22,414,000 | 22,530,000 | 22,569,000 |
| Total capital | 23,163,000 | 23,180,000 | 23,281,000 | 23,310,000 |
| Risk-weighted assets | 64,096,000 | 60,514,000 | 59,336,000 | 58,563,000 |