Call reports 2019
WAKE FOREST FEDERAL SAVINGS AND LOAN ASSOCIATION — 2019
What WAKE FOREST FEDERAL SAVINGS AND LOAN ASSOCIATION reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 104,040,000 | 102,377,000 | 104,380,000 | 101,810,000 |
| Total loans | 68,050,000 | 67,135,000 | 68,490,000 | 67,547,000 |
| Allowance for loan losses | 1,434,000 | 1,434,000 | 1,434,000 | 1,434,000 |
| Securities available for sale | 2,052,000 | 2,059,000 | 1,925,000 | 1,926,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 79,409,000 | 77,425,000 | 79,215,000 | 76,185,000 |
| Interest-bearing deposits | 73,042,000 | 72,000,000 | 73,596,000 | 70,868,000 |
| Noninterest-bearing deposits | 6,367,000 | 5,425,000 | 5,619,000 | 5,317,000 |
| Equity capital | 23,402,000 | 23,715,000 | 24,050,000 | 24,292,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 1,150,000 | 2,338,000 | 3,521,000 | 4,672,000 |
| Interest expense | 235,000 | 483,000 | 742,000 | 1,005,000 |
| Net interest income | 915,000 | 1,855,000 | 2,779,000 | 3,667,000 |
| Noninterest income | 30,000 | 55,000 | 72,000 | 98,000 |
| Noninterest expense | 440,000 | 876,000 | 1,277,000 | 1,743,000 |
| Provision for loan losses | 15,000 | 15,000 | 15,000 | 15,000 |
| Pretax income | 490,000 | 1,019,000 | 1,559,000 | 2,007,000 |
| Income tax | 112,000 | 233,000 | 356,000 | 456,000 |
| Net income | 378,000 | 786,000 | 1,203,000 | 1,551,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,387,000 | 23,700,000 | 24,028,000 | 24,274,000 |
| Total capital | 24,177,000 | 24,471,000 | 24,833,000 | 25,052,000 |
| Risk-weighted assets | 62,580,000 | 61,002,000 | 63,739,000 | 61,587,000 |