Call reports 2008
WELCH STATE BANK OF WELCH, OKLA. — 2008
What WELCH STATE BANK OF WELCH, OKLA. reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 180,680,000 | 181,951,000 | 188,689,000 | 187,002,000 |
| Total loans | 138,138,000 | 140,127,000 | 144,766,000 | 145,799,000 |
| Allowance for loan losses | 2,364,000 | 2,358,000 | 2,445,000 | 2,603,000 |
| Securities available for sale | 28,678,000 | 28,635,000 | 28,697,000 | 31,235,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 135,374,000 | 138,051,000 | 137,956,000 | 139,430,000 |
| Interest-bearing deposits | 130,100,000 | 132,040,000 | 131,134,000 | 133,387,000 |
| Noninterest-bearing deposits | 5,274,000 | 6,011,000 | 6,822,000 | 6,043,000 |
| Equity capital | 14,574,000 | 14,736,000 | 14,607,000 | 13,499,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 3,420,000 | 6,812,000 | 10,351,000 | 13,883,000 |
| Interest expense | 1,498,000 | 2,832,000 | 4,216,000 | 5,401,000 |
| Net interest income | 1,922,000 | 3,980,000 | 6,135,000 | 8,482,000 |
| Noninterest income | 400,000 | 829,000 | 1,308,000 | 1,582,000 |
| Noninterest expense | 1,203,000 | 2,403,000 | 3,640,000 | 4,945,000 |
| Provision for loan losses | 90,000 | 210,000 | 410,000 | 680,000 |
| Pretax income | 1,042,000 | 2,215,000 | 3,412,000 | 4,492,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,042,000 | 2,215,000 | 3,412,000 | 4,492,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,554,000 | 15,227,000 | 15,924,000 | 16,004,000 |
| Total capital | 16,300,000 | 16,979,000 | 17,743,000 | 17,853,000 |
| Risk-weighted assets | 139,044,000 | 139,572,000 | 144,865,000 | 147,923,000 |