Call reports 2023
WELCH STATE BANK OF WELCH, OKLA. — 2023
What WELCH STATE BANK OF WELCH, OKLA. 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 | 399,812,000 | 397,132,000 | 398,021,000 | 416,809,000 |
| Total loans | 254,005,000 | 269,816,000 | 270,284,000 | 268,616,000 |
| Allowance for loan losses | 4,235,000 | 4,362,000 | 4,470,000 | 4,447,000 |
| Securities available for sale | 102,267,000 | 100,315,000 | 94,605,000 | 105,880,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 364,270,000 | 342,592,000 | 343,372,000 | 361,635,000 |
| Interest-bearing deposits | 333,851,000 | 311,873,000 | 312,488,000 | 331,934,000 |
| Noninterest-bearing deposits | 30,419,000 | 30,720,000 | 30,884,000 | 29,701,000 |
| Equity capital | 33,571,000 | 33,685,000 | 30,717,000 | 37,469,000 |
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 | 4,567,000 | 9,446,000 | 14,628,000 | 20,213,000 |
| Interest expense | 612,000 | 1,520,000 | 2,849,000 | 4,320,000 |
| Net interest income | 3,955,000 | 7,926,000 | 11,779,000 | 15,893,000 |
| Noninterest income | 847,000 | 1,702,000 | 2,545,000 | 3,344,000 |
| Noninterest expense | 3,215,000 | 6,197,000 | 9,619,000 | 12,681,000 |
| Provision for loan losses | 120,000 | 240,000 | 360,000 | 480,000 |
| Pretax income | 1,482,000 | 3,212,000 | 4,367,000 | 6,101,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,482,000 | 3,212,000 | 4,367,000 | 6,101,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,052,000 | 39,940,000 | 40,249,000 | 41,136,000 |