Call reports 2007
WELCOME STATE BANK — 2007
What WELCOME STATE BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 17,895,000 | 18,055,000 | 18,881,000 | 18,874,000 |
| Total loans | 14,182,000 | 14,445,000 | 14,675,000 | 15,105,000 |
| Allowance for loan losses | 277,000 | 287,000 | 262,000 | 262,000 |
| Securities available for sale | 1,180,000 | 1,296,000 | 1,409,000 | 1,797,000 |
| Securities held to maturity | 473,000 | 472,000 | 471,000 | 470,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 15,734,000 | 16,009,000 | 16,671,000 | 16,474,000 |
| Interest-bearing deposits | 12,194,000 | 12,315,000 | 12,735,000 | 13,026,000 |
| Noninterest-bearing deposits | 3,540,000 | 3,694,000 | 3,936,000 | 3,448,000 |
| Equity capital | 1,849,000 | 1,881,000 | 1,972,000 | 1,997,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 298,000 | 605,000 | 920,000 | 1,232,000 |
| Interest expense | 98,000 | 199,000 | 307,000 | 418,000 |
| Net interest income | 200,000 | 406,000 | 613,000 | 814,000 |
| Noninterest income | 49,000 | 101,000 | 158,000 | 230,000 |
| Noninterest expense | 135,000 | 262,000 | 401,000 | 631,000 |
| Provision for loan losses | 9,000 | 18,000 | 27,000 | 30,000 |
| Pretax income | 105,000 | 227,000 | 343,000 | 383,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 105,000 | 227,000 | 343,000 | 383,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,850,000 | 1,890,000 | 1,968,000 | 1,986,000 |
| Total capital | 2,039,000 | 2,080,000 | 2,164,000 | 2,185,000 |
| Risk-weighted assets | 15,202,000 | 17,348,000 | 16,155,000 | 16,539,000 |