Call reports 2024
WELCH STATE BANK OF WELCH, OKLA. — 2024
What WELCH STATE BANK OF WELCH, OKLA. reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 431,122,000 | 422,874,000 | 416,313,000 | 411,127,000 |
| Total loans | 270,328,000 | 277,355,000 | 274,218,000 | 281,091,000 |
| Allowance for loan losses | 4,515,000 | 4,596,000 | 4,634,000 | 4,717,000 |
| Securities available for sale | 102,301,000 | 99,825,000 | 99,251,000 | 96,776,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 365,980,000 | 357,207,000 | 357,975,000 | 355,726,000 |
| Interest-bearing deposits | 336,947,000 | 328,570,000 | 330,595,000 | 327,860,000 |
| Noninterest-bearing deposits | 29,033,000 | 28,637,000 | 27,380,000 | 27,866,000 |
| Equity capital | 36,852,000 | 37,110,000 | 39,601,000 | 37,845,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 5,571,000 | 11,370,000 | 17,434,000 | 23,602,000 |
| Interest expense | 1,732,000 | 3,656,000 | 5,668,000 | 7,571,000 |
| Net interest income | 3,839,000 | 7,714,000 | 11,766,000 | 16,031,000 |
| Noninterest income | 861,000 | 1,738,000 | 2,672,000 | 3,577,000 |
| Noninterest expense | 3,465,000 | 6,758,000 | 10,261,000 | 13,853,000 |
| Provision for loan losses | 120,000 | 240,000 | 360,000 | 465,000 |
| Pretax income | 1,141,000 | 2,460,000 | 3,792,000 | 5,268,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,141,000 | 2,460,000 | 3,792,000 | 5,268,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,529,000 | 42,139,000 | 42,767,000 | 43,047,000 |
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