Call reports 2022
WAKE FOREST FEDERAL SAVINGS AND LOAN ASSOCIATION — 2022
What WAKE FOREST FEDERAL SAVINGS AND LOAN ASSOCIATION reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 112,330,000 | 113,622,000 | 114,251,000 | 109,335,000 |
| Total loans | 66,477,000 | 68,653,000 | 67,734,000 | 67,525,000 |
| Allowance for loan losses | 1,434,000 | 1,434,000 | 1,434,000 | 1,434,000 |
| Securities available for sale | 3,576,000 | 3,549,000 | 3,981,000 | 4,213,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 85,228,000 | 87,085,000 | 87,596,000 | 82,129,000 |
| Interest-bearing deposits | 77,066,000 | 75,824,000 | 76,577,000 | 72,823,000 |
| Noninterest-bearing deposits | 8,162,000 | 11,261,000 | 11,019,000 | 9,306,000 |
| Equity capital | 25,003,000 | 25,263,000 | 25,494,000 | 25,862,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 861,000 | 1,794,000 | 2,884,000 | 4,139,000 |
| Interest expense | 75,000 | 143,000 | 230,000 | 369,000 |
| Net interest income | 786,000 | 1,651,000 | 2,654,000 | 3,770,000 |
| Noninterest income | 23,000 | 158,000 | 182,000 | 214,000 |
| Noninterest expense | 429,000 | 957,000 | 1,438,000 | 1,974,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 379,000 | 849,000 | 1,395,000 | 2,006,000 |
| Income tax | 84,000 | 189,000 | 337,000 | 473,000 |
| Net income | 295,000 | 660,000 | 1,058,000 | 1,533,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,067,000 | 25,351,000 | 25,640,000 | 25,995,000 |