Call reports 2018
WEST POINT BANK — 2018
What WEST POINT BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 241,135,000 | 243,447,000 | 251,682,000 | 259,065,000 |
| Total loans | 121,622,000 | 132,721,000 | 146,768,000 | 156,613,000 |
| Allowance for loan losses | 682,000 | 674,000 | 601,000 | 583,000 |
| Securities available for sale | 104,332,000 | 98,278,000 | 91,746,000 | 88,808,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 110,832,000 | 132,043,000 | 157,783,000 | 162,222,000 |
| Interest-bearing deposits | 80,238,000 | 100,905,000 | 124,078,000 | 127,634,000 |
| Noninterest-bearing deposits | 30,594,000 | 31,138,000 | 33,705,000 | 34,588,000 |
| Equity capital | 19,749,000 | 20,004,000 | 20,327,000 | 21,230,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 2,113,000 | 4,364,000 | 6,734,000 | 9,245,000 |
| Interest expense | 470,000 | 1,054,000 | 1,682,000 | 2,468,000 |
| Net interest income | 1,643,000 | 3,310,000 | 5,052,000 | 6,777,000 |
| Noninterest income | 253,000 | 409,000 | 544,000 | 691,000 |
| Noninterest expense | 1,319,000 | 2,398,000 | 3,658,000 | 4,908,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 575,000 | 1,319,000 | 1,934,000 | 2,556,000 |
| Income tax | 118,000 | 251,000 | 370,000 | 427,000 |
| Net income | 457,000 | 1,068,000 | 1,564,000 | 2,129,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,931,000 | 22,418,000 | 22,788,000 | 23,228,000 |
| Total capital | 22,613,000 | 23,092,000 | 23,389,000 | 23,811,000 |
| Risk-weighted assets | 153,236,000 | 163,800,000 | 176,196,000 | 177,837,000 |