Call reports 2021
WAKE FOREST FEDERAL SAVINGS AND LOAN ASSOCIATION — 2021
What WAKE FOREST FEDERAL SAVINGS AND LOAN ASSOCIATION reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 110,555,000 | 111,849,000 | 110,479,000 | 108,285,000 |
| Total loans | 67,916,000 | 68,627,000 | 69,672,000 | 64,939,000 |
| Allowance for loan losses | 1,434,000 | 1,434,000 | 1,434,000 | 1,434,000 |
| Securities available for sale | 2,996,000 | 3,998,000 | 3,648,000 | 3,641,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 84,131,000 | 85,172,000 | 83,672,000 | 81,108,000 |
| Interest-bearing deposits | 77,302,000 | 78,071,000 | 75,734,000 | 73,892,000 |
| Noninterest-bearing deposits | 6,829,000 | 7,101,000 | 7,938,000 | 7,216,000 |
| Equity capital | 25,195,000 | 25,407,000 | 25,624,000 | 25,850,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 938,000 | 1,888,000 | 2,807,000 | 3,749,000 |
| Interest expense | 133,000 | 252,000 | 355,000 | 439,000 |
| Net interest income | 805,000 | 1,636,000 | 2,452,000 | 3,310,000 |
| Noninterest income | 23,000 | 43,000 | 77,000 | 105,000 |
| Noninterest expense | 462,000 | 893,000 | 1,319,000 | 1,774,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 364,000 | 779,000 | 1,198,000 | 1,629,000 |
| Income tax | 81,000 | 173,000 | 267,000 | 361,000 |
| Net income | 283,000 | 606,000 | 931,000 | 1,268,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,195,000 | 25,408,000 | 25,620,000 | 25,861,000 |