Call reports 2010
WELCOME STATE BANK — 2010
What WELCOME STATE BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 20,753,000 | 21,064,000 | 22,239,000 | 23,745,000 |
| Total loans | 14,556,000 | 15,017,000 | 15,426,000 | 15,450,000 |
| Allowance for loan losses | 276,000 | 289,000 | 257,000 | 271,000 |
| Securities available for sale | 1,449,000 | 1,341,000 | 1,395,000 | 1,661,000 |
| Securities held to maturity | 383,000 | 381,000 | 380,000 | 225,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 17,073,000 | 17,352,000 | 18,182,000 | 18,867,000 |
| Interest-bearing deposits | 13,342,000 | 13,802,000 | 14,135,000 | 14,410,000 |
| Noninterest-bearing deposits | 3,731,000 | 3,550,000 | 4,047,000 | 4,457,000 |
| Equity capital | 2,187,000 | 2,228,000 | 2,312,000 | 2,303,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 250,000 | 507,000 | 766,000 | 1,024,000 |
| Interest expense | 54,000 | 107,000 | 159,000 | 205,000 |
| Net interest income | 196,000 | 400,000 | 607,000 | 819,000 |
| Noninterest income | 73,000 | 137,000 | 221,000 | 301,000 |
| Noninterest expense | 148,000 | 297,000 | 453,000 | 678,000 |
| Provision for loan losses | 9,000 | 18,000 | 27,000 | 70,000 |
| Pretax income | 112,000 | 222,000 | 348,000 | 372,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 112,000 | 222,000 | 348,000 | 372,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,132,000 | 2,180,000 | 2,260,000 | 2,276,000 |
| Total capital | 2,329,000 | 2,381,000 | 2,468,000 | 2,486,000 |
| Risk-weighted assets | 18,596,000 | 18,933,000 | 19,566,000 | 20,779,000 |