Call reports 2017
WEST POINT BANK — 2017
What WEST POINT BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 223,439,000 | 229,611,000 | 236,164,000 | 236,468,000 |
| Total loans | 92,361,000 | 99,750,000 | 105,715,000 | 114,235,000 |
| Allowance for loan losses | 740,000 | 739,000 | 740,000 | 716,000 |
| Securities available for sale | 118,372,000 | 114,378,000 | 116,906,000 | 109,943,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 90,018,000 | 94,443,000 | 106,507,000 | 106,513,000 |
| Interest-bearing deposits | 61,120,000 | 65,390,000 | 76,900,000 | 78,347,000 |
| Noninterest-bearing deposits | 28,898,000 | 29,053,000 | 29,607,000 | 28,166,000 |
| Equity capital | 19,343,000 | 20,624,000 | 21,111,000 | 20,513,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,785,000 | 3,689,000 | 5,744,000 | 7,755,000 |
| Interest expense | 99,000 | 226,000 | 411,000 | 664,000 |
| Net interest income | 1,686,000 | 3,463,000 | 5,333,000 | 7,091,000 |
| Noninterest income | 190,000 | 308,000 | 465,000 | 581,000 |
| Noninterest expense | 1,001,000 | 1,957,000 | 3,097,000 | 4,361,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 875,000 | 1,813,000 | 2,698,000 | 3,308,000 |
| Income tax | 283,000 | 595,000 | 875,000 | 1,095,000 |
| Net income | 592,000 | 1,218,000 | 1,823,000 | 2,213,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,353,000 | 20,856,000 | 21,336,000 | 21,599,000 |
| Total capital | 21,093,000 | 21,595,000 | 22,076,000 | 22,315,000 |
| Risk-weighted assets | 127,451,000 | 135,516,000 | 142,197,000 | 146,416,000 |