Call reports 2017
WELCOME STATE BANK — 2017
What WELCOME STATE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 27,250,000 | 27,462,000 | 33,253,000 | 33,679,000 |
| Total loans | 20,202,000 | 21,003,000 | 21,951,000 | 22,631,000 |
| Allowance for loan losses | 309,000 | 293,000 | 296,000 | 323,000 |
| Securities available for sale | 1,078,000 | 1,254,000 | 1,253,000 | 1,240,000 |
| Securities held to maturity | 78,000 | 78,000 | 47,000 | 47,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 23,400,000 | 23,609,000 | 29,262,000 | 29,905,000 |
| Interest-bearing deposits | 16,153,000 | 16,114,000 | 16,065,000 | 15,150,000 |
| Noninterest-bearing deposits | 7,247,000 | 7,495,000 | 13,197,000 | 14,755,000 |
| Equity capital | 2,880,000 | 3,019,000 | 3,182,000 | 3,057,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 291,000 | 585,000 | 889,000 | 1,240,000 |
| Interest expense | 15,000 | 30,000 | 46,000 | 63,000 |
| Net interest income | 276,000 | 555,000 | 843,000 | 1,177,000 |
| Noninterest income | 129,000 | 267,000 | 370,000 | 468,000 |
| Noninterest expense | 204,000 | 389,000 | 566,000 | 936,000 |
| Provision for loan losses | 70,000 | 70,000 | 70,000 | 70,000 |
| Pretax income | 131,000 | 363,000 | 577,000 | 639,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 1,000 |
| Net income | 130,000 | 362,000 | 576,000 | 638,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,878,000 | 3,010,000 | 3,174,000 | 3,061,000 |
| Total capital | 3,134,000 | 3,276,000 | 3,470,000 | 3,384,000 |
| Risk-weighted assets | 20,395,000 | 21,216,000 | 24,224,000 | 26,259,000 |