Call reports 2016
WELCOME STATE BANK — 2016
What WELCOME STATE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 26,205,000 | 27,122,000 | 28,422,000 | 28,070,000 |
| Total loans | 19,135,000 | 19,767,000 | 20,361,000 | 20,513,000 |
| Allowance for loan losses | 353,000 | 374,000 | 396,000 | 232,000 |
| Securities available for sale | 1,319,000 | 1,322,000 | 1,247,000 | 1,232,000 |
| Securities held to maturity | 404,000 | 402,000 | 363,000 | 108,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 21,919,000 | 23,311,000 | 23,709,000 | 23,898,000 |
| Interest-bearing deposits | 16,962,000 | 17,087,000 | 16,431,000 | 16,558,000 |
| Noninterest-bearing deposits | 4,957,000 | 6,224,000 | 7,278,000 | 7,340,000 |
| Equity capital | 2,741,000 | 2,785,000 | 2,913,000 | 2,896,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 275,000 | 553,000 | 846,000 | 1,126,000 |
| Interest expense | 16,000 | 33,000 | 49,000 | 64,000 |
| Net interest income | 259,000 | 520,000 | 797,000 | 1,062,000 |
| Noninterest income | 91,000 | 177,000 | 291,000 | 379,000 |
| Noninterest expense | 172,000 | 352,000 | 535,000 | 815,000 |
| Provision for loan losses | 59,000 | 68,000 | 77,000 | 105,000 |
| Pretax income | 119,000 | 277,000 | 476,000 | 521,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 1,000 |
| Net income | 118,000 | 276,000 | 475,000 | 520,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,721,000 | 2,761,000 | 2,901,000 | 2,898,000 |
| Total capital | 2,964,000 | 3,012,000 | 3,168,000 | 3,130,000 |
| Risk-weighted assets | 19,386,000 | 19,932,000 | 21,254,000 | 21,220,000 |