Call reports 2019
WEST POINT BANK — 2019
What WEST POINT BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 262,678,000 | 276,060,000 | 295,268,000 | 284,901,000 |
| Total loans | 161,242,000 | 173,547,000 | 180,867,000 | 185,552,000 |
| Allowance for loan losses | 633,000 | 632,000 | 622,000 | 592,000 |
| Securities available for sale | 86,641,000 | 85,605,000 | 100,566,000 | 82,605,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 168,841,000 | 171,415,000 | 181,556,000 | 171,008,000 |
| Interest-bearing deposits | 130,146,000 | 130,843,000 | 140,681,000 | 132,656,000 |
| Noninterest-bearing deposits | 38,695,000 | 40,572,000 | 40,875,000 | 38,352,000 |
| Equity capital | 22,348,000 | 23,718,000 | 24,218,000 | 25,214,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 2,654,000 | 5,436,000 | 8,366,000 | 11,434,000 |
| Interest expense | 895,000 | 1,932,000 | 3,026,000 | 4,025,000 |
| Net interest income | 1,759,000 | 3,504,000 | 5,340,000 | 7,409,000 |
| Noninterest income | 125,000 | 294,000 | 449,000 | 615,000 |
| Noninterest expense | 1,266,000 | 2,462,000 | 3,826,000 | 5,137,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 618,000 | 1,329,000 | 1,955,000 | 2,879,000 |
| Income tax | 130,000 | 257,000 | 383,000 | 425,000 |
| Net income | 488,000 | 1,072,000 | 1,572,000 | 2,454,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,591,000 | 24,050,000 | 24,425,000 | 25,182,000 |
| Total capital | 24,224,000 | 24,682,000 | 25,047,000 | 25,774,000 |
| Risk-weighted assets | 188,553,000 | 196,804,000 | 201,816,000 | 206,499,000 |