Call reports 2016
WAKE FOREST FEDERAL SAVINGS AND LOAN ASSOCIATION — 2016
What WAKE FOREST FEDERAL SAVINGS AND LOAN ASSOCIATION 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 | 105,419,000 | 104,427,000 | 106,019,000 | 106,521,000 |
| Total loans | 57,936,000 | 56,686,000 | 55,412,000 | 54,566,000 |
| Allowance for loan losses | 1,488,000 | 1,488,000 | 1,489,000 | 1,489,000 |
| Securities available for sale | 2,194,000 | 2,200,000 | 2,201,000 | 2,217,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 81,337,000 | 80,266,000 | 81,852,000 | 82,180,000 |
| Interest-bearing deposits | 78,925,000 | 77,733,000 | 77,529,000 | 77,112,000 |
| Noninterest-bearing deposits | 2,412,000 | 2,533,000 | 4,323,000 | 5,068,000 |
| Equity capital | 22,671,000 | 22,727,000 | 22,879,000 | 22,952,000 |
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 | 954,000 | 1,882,000 | 2,783,000 | 3,693,000 |
| Interest expense | 181,000 | 360,000 | 541,000 | 722,000 |
| Net interest income | 773,000 | 1,522,000 | 2,242,000 | 2,971,000 |
| Noninterest income | 20,000 | 40,000 | 110,000 | 138,000 |
| Noninterest expense | 440,000 | 850,000 | 1,138,000 | 1,523,000 |
| Provision for loan losses | 10,000 | 10,000 | -25,000 | -25,000 |
| Pretax income | 343,000 | 702,000 | 1,239,000 | 1,611,000 |
| Income tax | 126,000 | 258,000 | 470,000 | 604,000 |
| Net income | 217,000 | 444,000 | 769,000 | 1,007,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,664,000 | 22,718,000 | 22,872,000 | 22,936,000 |
| Total capital | 23,383,000 | 23,431,000 | 23,590,000 | 23,652,000 |
| Risk-weighted assets | 56,760,000 | 56,280,000 | 56,656,000 | 56,476,000 |