Call reports 2004
WELCOME STATE BANK — 2004
What WELCOME STATE BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 16,886,000 | 16,908,000 | 16,943,000 | 18,325,000 |
| Total loans | 12,623,000 | 13,317,000 | 13,453,000 | 12,827,000 |
| Allowance for loan losses | 269,000 | 278,000 | 284,000 | 283,000 |
| Securities available for sale | 2,382,000 | 2,053,000 | 1,557,000 | 1,547,000 |
| Securities held to maturity | 5,000 | 5,000 | 3,000 | 525,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 15,200,000 | 14,841,000 | 14,788,000 | 16,550,000 |
| Interest-bearing deposits | 11,526,000 | 11,393,000 | 11,692,000 | 12,283,000 |
| Noninterest-bearing deposits | 3,674,000 | 3,448,000 | 3,096,000 | 4,267,000 |
| Equity capital | 1,657,000 | 1,677,000 | 1,771,000 | 1,747,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 230,000 | 474,000 | 723,000 | 956,000 |
| Interest expense | 46,000 | 92,000 | 139,000 | 187,000 |
| Net interest income | 184,000 | 382,000 | 584,000 | 769,000 |
| Noninterest income | 52,000 | 103,000 | 148,000 | 204,000 |
| Noninterest expense | 133,000 | 253,000 | 372,000 | 579,000 |
| Provision for loan losses | 9,000 | 18,000 | 27,000 | 30,000 |
| Pretax income | 94,000 | 214,000 | 330,000 | 361,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 94,000 | 214,000 | 330,000 | 361,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,630,000 | 1,678,000 | 1,762,000 | 1,747,000 |
| Total capital | 1,797,000 | 1,852,000 | 1,938,000 | 1,919,000 |
| Risk-weighted assets | 13,489,000 | 14,119,000 | 14,268,000 | 13,930,000 |