Call reports 2021
WELCOME STATE BANK — 2021
What WELCOME STATE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 36,522,000 | 37,601,000 | 38,081,000 | 39,672,000 |
| Total loans | 24,196,000 | 25,130,000 | 23,955,000 | 23,544,000 |
| Allowance for loan losses | 552,000 | 553,000 | 549,000 | 543,000 |
| Securities available for sale | 750,000 | 1,347,000 | 1,345,000 | 3,444,000 |
| Securities held to maturity | 237,000 | 277,000 | 249,000 | 249,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,324,000 | 33,548,000 | 33,939,000 | 34,851,000 |
| Interest-bearing deposits | 20,444,000 | 21,653,000 | 21,853,000 | 21,655,000 |
| Noninterest-bearing deposits | 11,880,000 | 11,895,000 | 12,086,000 | 13,196,000 |
| Equity capital | 3,695,000 | 3,778,000 | 3,919,000 | 4,044,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 337,000 | 702,000 | 1,086,000 | 1,462,000 |
| Interest expense | 27,000 | 53,000 | 77,000 | 100,000 |
| Net interest income | 310,000 | 649,000 | 1,009,000 | 1,362,000 |
| Noninterest income | 56,000 | 112,000 | 174,000 | 305,000 |
| Noninterest expense | 201,000 | 403,000 | 612,000 | 963,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 165,000 | 358,000 | 571,000 | 704,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 71,000 |
| Net income | 164,000 | 357,000 | 570,000 | 633,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,658,000 | 3,742,000 | 3,885,000 | 4,034,000 |
| Total capital | 3,949,000 | 4,040,000 | 4,172,000 | 4,312,000 |
| Risk-weighted assets | 23,046,000 | 23,564,000 | 22,703,000 | 21,947,000 |