Call reports 2023
WELCOME STATE BANK — 2023
What WELCOME STATE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 41,381,000 | 40,205,000 | 41,770,000 | 42,529,000 |
| Total loans | 23,333,000 | 25,035,000 | 24,929,000 | 24,359,000 |
| Allowance for loan losses | 457,000 | 446,000 | 448,000 | 448,000 |
| Securities available for sale | 10,917,000 | 9,861,000 | 9,825,000 | 5,260,000 |
| Securities held to maturity | 183,000 | 183,000 | 160,000 | 160,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 37,171,000 | 35,217,000 | 37,410,000 | 37,900,000 |
| Interest-bearing deposits | 22,493,000 | 22,014,000 | 22,954,000 | 22,379,000 |
| Noninterest-bearing deposits | 14,678,000 | 13,203,000 | 14,456,000 | 15,521,000 |
| Equity capital | 3,977,000 | 4,001,000 | 4,138,000 | 4,445,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 426,000 | 881,000 | 1,365,000 | 1,881,000 |
| Interest expense | 35,000 | 90,000 | 170,000 | 254,000 |
| Net interest income | 391,000 | 791,000 | 1,195,000 | 1,627,000 |
| Noninterest income | 72,000 | 147,000 | 220,000 | 294,000 |
| Noninterest expense | 220,000 | 446,000 | 640,000 | 998,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 243,000 | 492,000 | 775,000 | 719,000 |
| Income tax | 13,000 | 24,000 | 35,000 | 48,000 |
| Net income | 230,000 | 468,000 | 740,000 | 671,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,242,000 | 4,346,000 | 4,543,000 | 4,474,000 |
| Total capital | 4,534,000 | 4,632,000 | 4,842,000 | 4,801,000 |
| Risk-weighted assets | 23,212,000 | 22,730,000 | 23,754,000 | 26,093,000 |