Call reports 2022
WELCOME STATE BANK — 2022
What WELCOME STATE BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 38,680,000 | 38,617,000 | 41,351,000 | 43,704,000 |
| Total loans | 23,141,000 | 23,084,000 | 23,192,000 | 22,690,000 |
| Allowance for loan losses | 545,000 | 548,000 | 562,000 | 466,000 |
| Securities available for sale | 4,746,000 | 6,144,000 | 7,382,000 | 10,331,000 |
| Securities held to maturity | 227,000 | 227,000 | 205,000 | 205,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 34,639,000 | 34,609,000 | 37,375,000 | 37,675,000 |
| Interest-bearing deposits | 21,581,000 | 22,549,000 | 22,493,000 | 21,210,000 |
| Noninterest-bearing deposits | 13,058,000 | 12,060,000 | 14,882,000 | 16,465,000 |
| Equity capital | 3,732,000 | 3,725,000 | 3,694,000 | 3,843,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 306,000 | 630,000 | 998,000 | 1,413,000 |
| Interest expense | 20,000 | 40,000 | 60,000 | 83,000 |
| Net interest income | 286,000 | 590,000 | 938,000 | 1,330,000 |
| Noninterest income | 69,000 | 138,000 | 211,000 | 302,000 |
| Noninterest expense | 195,000 | 401,000 | 616,000 | 1,012,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 160,000 | 327,000 | 533,000 | 620,000 |
| Income tax | 23,000 | 42,000 | 61,000 | 61,000 |
| Net income | 137,000 | 285,000 | 472,000 | 559,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,905,000 | 3,972,000 | 4,100,000 | 4,187,000 |
| Total capital | 4,185,000 | 4,252,000 | 4,391,000 | 4,459,000 |
| Risk-weighted assets | 22,137,000 | 22,165,000 | 23,039,000 | 21,567,000 |