Call reports 2008
WELCOME STATE BANK — 2008
What WELCOME STATE BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 19,494,000 | 19,555,000 | 19,528,000 | 19,673,000 |
| Total loans | 14,444,000 | 14,639,000 | 14,583,000 | 15,092,000 |
| Allowance for loan losses | 274,000 | 282,000 | 293,000 | 297,000 |
| Securities available for sale | 1,157,000 | 1,234,000 | 1,240,000 | 1,606,000 |
| Securities held to maturity | 444,000 | 443,000 | 442,000 | 441,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 17,174,000 | 17,304,000 | 16,084,000 | 16,628,000 |
| Interest-bearing deposits | 12,867,000 | 13,349,000 | 12,475,000 | 12,380,000 |
| Noninterest-bearing deposits | 4,307,000 | 3,955,000 | 3,609,000 | 4,248,000 |
| Equity capital | 1,965,000 | 1,970,000 | 2,062,000 | 2,108,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 296,000 | 577,000 | 857,000 | 1,130,000 |
| Interest expense | 103,000 | 187,000 | 264,000 | 330,000 |
| Net interest income | 193,000 | 390,000 | 593,000 | 800,000 |
| Noninterest income | 66,000 | 117,000 | 181,000 | 259,000 |
| Noninterest expense | 149,000 | 275,000 | 404,000 | 636,000 |
| Provision for loan losses | 9,000 | 18,000 | 27,000 | 30,000 |
| Pretax income | 101,000 | 214,000 | 343,000 | 393,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 101,000 | 214,000 | 343,000 | 393,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,931,000 | 1,960,000 | 2,047,000 | 2,067,000 |
| Total capital | 2,143,000 | 2,154,000 | 2,239,000 | 2,264,000 |
| Risk-weighted assets | 17,520,000 | 17,016,000 | 16,490,000 | 16,744,000 |