Call reports 2020
WELCOME STATE BANK — 2020
What WELCOME STATE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 31,168,000 | 33,449,000 | 33,791,000 | 35,143,000 |
| Total loans | 24,083,000 | 25,418,000 | 24,624,000 | 24,055,000 |
| Allowance for loan losses | 552,000 | 552,000 | 552,000 | 552,000 |
| Securities available for sale | 731,000 | 754,000 | 758,000 | 760,000 |
| Securities held to maturity | 145,000 | 145,000 | 145,000 | 245,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 27,077,000 | 29,451,000 | 29,622,000 | 30,928,000 |
| Interest-bearing deposits | 17,985,000 | 19,338,000 | 19,205,000 | 18,984,000 |
| Noninterest-bearing deposits | 9,092,000 | 10,113,000 | 10,417,000 | 11,944,000 |
| Equity capital | 3,480,000 | 3,541,000 | 3,641,000 | 3,772,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 361,000 | 706,000 | 1,044,000 | 1,373,000 |
| Interest expense | 52,000 | 91,000 | 125,000 | 155,000 |
| Net interest income | 309,000 | 615,000 | 919,000 | 1,218,000 |
| Noninterest income | 70,000 | 128,000 | 192,000 | 363,000 |
| Noninterest expense | 216,000 | 429,000 | 631,000 | 932,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 163,000 | 314,000 | 480,000 | 649,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 1,000 |
| Net income | 162,000 | 313,000 | 479,000 | 648,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,465,000 | 3,503,000 | 3,598,000 | 3,726,000 |
| Total capital | 3,767,000 | 3,814,000 | 3,906,000 | 4,014,000 |
| Risk-weighted assets | 23,885,000 | 24,645,000 | 24,374,000 | 22,827,000 |