Call reports 2017
WAKE FOREST FEDERAL SAVINGS AND LOAN ASSOCIATION — 2017
What WAKE FOREST FEDERAL SAVINGS AND LOAN ASSOCIATION reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 104,068,000 | 105,124,000 | 106,714,000 | 104,150,000 |
| Total loans | 54,040,000 | 56,036,000 | 56,008,000 | 59,096,000 |
| Allowance for loan losses | 1,549,000 | 1,504,000 | 1,404,000 | 1,404,000 |
| Securities available for sale | 2,211,000 | 2,211,000 | 2,368,000 | 2,366,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 79,792,000 | 80,730,000 | 82,263,000 | 79,720,000 |
| Interest-bearing deposits | 75,312,000 | 76,047,000 | 78,112,000 | 76,928,000 |
| Noninterest-bearing deposits | 4,480,000 | 4,683,000 | 4,151,000 | 2,792,000 |
| Equity capital | 23,053,000 | 23,130,000 | 23,240,000 | 23,205,000 |
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 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 908,000 | 1,843,000 | 2,805,000 | 3,768,000 |
| Interest expense | 167,000 | 348,000 | 537,000 | 725,000 |
| Net interest income | 741,000 | 1,495,000 | 2,268,000 | 3,043,000 |
| Noninterest income | 19,000 | 33,000 | 52,000 | 83,000 |
| Noninterest expense | 417,000 | 827,000 | 1,336,000 | 1,757,000 |
| Provision for loan losses | -15,000 | -60,000 | -160,000 | -160,000 |
| Pretax income | 358,000 | 761,000 | 1,144,000 | 1,529,000 |
| Income tax | 129,000 | 276,000 | 415,000 | 775,000 |
| Net income | 229,000 | 485,000 | 729,000 | 754,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,043,000 | 23,121,000 | 23,228,000 | 23,196,000 |
| Total capital | 23,743,000 | 23,818,000 | 23,957,000 | 23,924,000 |
| Risk-weighted assets | 55,115,000 | 54,955,000 | 57,613,000 | 57,524,000 |