Call reports 2014
WELCOME STATE BANK — 2014
What WELCOME STATE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 25,277,000 | 25,610,000 | 25,934,000 | 26,456,000 |
| Total loans | 16,070,000 | 16,771,000 | 17,634,000 | 17,270,000 |
| Allowance for loan losses | 363,000 | 375,000 | 382,000 | 333,000 |
| Securities available for sale | 1,232,000 | 1,693,000 | 1,696,000 | 1,830,000 |
| Securities held to maturity | 465,000 | 463,000 | 519,000 | 517,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 20,631,000 | 21,057,000 | 20,578,000 | 21,772,000 |
| Interest-bearing deposits | 16,079,000 | 16,265,000 | 16,049,000 | 16,964,000 |
| Noninterest-bearing deposits | 4,552,000 | 4,792,000 | 4,529,000 | 4,808,000 |
| Equity capital | 2,502,000 | 2,569,000 | 2,683,000 | 2,650,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 230,000 | 475,000 | 734,000 | 1,002,000 |
| Interest expense | 18,000 | 35,000 | 53,000 | 71,000 |
| Net interest income | 212,000 | 440,000 | 681,000 | 931,000 |
| Noninterest income | 92,000 | 199,000 | 288,000 | 372,000 |
| Noninterest expense | 184,000 | 348,000 | 513,000 | 782,000 |
| Provision for loan losses | 9,000 | 18,000 | 27,000 | 30,000 |
| Pretax income | 111,000 | 273,000 | 429,000 | 491,000 |
| Income tax | 0 | 0 | 1,000 | 1,000 |
| Net income | 111,000 | 273,000 | 428,000 | 490,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,473,000 | 2,540,000 | 2,650,000 | 2,627,000 |
| Total capital | 2,683,000 | 2,756,000 | 2,879,000 | 2,853,000 |
| Risk-weighted assets | 16,963,000 | 17,657,000 | 18,386,000 | 18,273,000 |