Call reports 2013
WELCOME STATE BANK — 2013
What WELCOME STATE BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 26,797,000 | 25,383,000 | 25,357,000 | 25,407,000 |
| Total loans | 15,112,000 | 15,696,000 | 15,888,000 | 15,941,000 |
| Allowance for loan losses | 339,000 | 350,000 | 360,000 | 349,000 |
| Securities available for sale | 1,606,000 | 1,644,000 | 1,650,000 | 1,774,000 |
| Securities held to maturity | 453,000 | 530,000 | 498,000 | 497,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 21,563,000 | 20,824,000 | 20,843,000 | 21,197,000 |
| Interest-bearing deposits | 16,137,000 | 16,191,000 | 16,225,000 | 16,675,000 |
| Noninterest-bearing deposits | 5,426,000 | 4,633,000 | 4,618,000 | 4,522,000 |
| Equity capital | 2,470,000 | 2,470,000 | 2,571,000 | 2,538,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 231,000 | 469,000 | 709,000 | 948,000 |
| Interest expense | 24,000 | 48,000 | 69,000 | 88,000 |
| Net interest income | 207,000 | 421,000 | 640,000 | 860,000 |
| Noninterest income | 85,000 | 167,000 | 261,000 | 367,000 |
| Noninterest expense | 160,000 | 326,000 | 485,000 | 782,000 |
| Provision for loan losses | 9,000 | 18,000 | 27,000 | 30,000 |
| Pretax income | 123,000 | 244,000 | 389,000 | 415,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 123,000 | 244,000 | 389,000 | 415,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,425,000 | 2,452,000 | 2,547,000 | 2,512,000 |
| Total capital | 2,631,000 | 2,660,000 | 2,755,000 | 2,724,000 |
| Risk-weighted assets | 16,638,000 | 16,815,000 | 16,957,000 | 17,053,000 |