Call reports 2018
WAKE FOREST FEDERAL SAVINGS AND LOAN ASSOCIATION — 2018
What WAKE FOREST FEDERAL SAVINGS AND LOAN ASSOCIATION reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 104,329,000 | 104,791,000 | 103,847,000 | 104,301,000 |
| Total loans | 62,737,000 | 63,793,000 | 63,886,000 | 64,804,000 |
| Allowance for loan losses | 1,404,000 | 1,419,000 | 1,419,000 | 1,419,000 |
| Securities available for sale | 2,361,000 | 2,269,000 | 2,023,000 | 2,031,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 79,753,000 | 79,947,000 | 78,863,000 | 79,822,000 |
| Interest-bearing deposits | 76,724,000 | 74,792,000 | 74,343,000 | 73,814,000 |
| Noninterest-bearing deposits | 3,029,000 | 5,155,000 | 4,520,000 | 6,008,000 |
| Equity capital | 23,373,000 | 23,574,000 | 23,753,000 | 23,098,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 1,003,000 | 2,060,000 | 3,155,000 | 4,320,000 |
| Interest expense | 182,000 | 376,000 | 575,000 | 807,000 |
| Net interest income | 821,000 | 1,684,000 | 2,580,000 | 3,513,000 |
| Noninterest income | 21,000 | 40,000 | 62,000 | 87,000 |
| Noninterest expense | 436,000 | 852,000 | 1,283,000 | 1,704,000 |
| Provision for loan losses | 0 | 15,000 | 15,000 | 15,000 |
| Pretax income | 406,000 | 857,000 | 1,344,000 | 1,881,000 |
| Income tax | 95,000 | 213,000 | 338,000 | 457,000 |
| Net income | 311,000 | 644,000 | 1,006,000 | 1,424,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,371,000 | 23,570,000 | 23,750,000 | 23,094,000 |
| Total capital | 24,134,000 | 24,344,000 | 24,519,000 | 23,872,000 |
| Risk-weighted assets | 60,378,000 | 61,289,000 | 60,878,000 | 61,573,000 |