401k Plan data: WALLIS STATE BANK 401(K) RETIREMENT PLAN plan

WALLIS STATE BANK 401(K) RETIREMENT PLAN 401k Plan overview

Plan Name	WALLIS STATE BANK 401(K) RETIREMENT PLAN
Plan identification number	001

WALLIS STATE BANK 401(K) RETIREMENT PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

WALLIS BANK has sponsored the creation of one or more 401k plans.

Company Name: WALLIS BANK

Employer identification number (EIN): 760339153

NAIC Classification: 522110
NAIC Description: Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan WALLIS STATE BANK 401(K) RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01
001 2021-01-01
001 2020-01-01
001 2019-01-01
001 2018-01-01 ROGER SEBESTA 2019-07-09
001 2017-01-01 ROGER SEBESTA 2018-09-20
001 2016-01-01 ROGER A. SEBESTA 2017-05-18
001 2015-01-01 ROGER A. SEBESTA 2016-06-02
001 2014-01-01 ROGER A. SEBESTA 2015-05-27
001 2013-01-01 DANIEL PIGOTT 2014-07-16
001 2012-01-01 DANIEL PIGOTT 2013-06-06
001 2011-01-01 DANIEL PIGOTT 2012-09-18
001 2010-01-01 DANIEL PIGOTT 2011-09-28

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2022-01-01
001	2021-01-01
001	2020-01-01
001	2019-01-01
001	2018-01-01	ROGER SEBESTA	2019-07-09
001	2017-01-01	ROGER SEBESTA	2018-09-20
001	2016-01-01	ROGER A. SEBESTA	2017-05-18
001	2015-01-01	ROGER A. SEBESTA	2016-06-02
001	2014-01-01	ROGER A. SEBESTA	2015-05-27
001	2013-01-01	DANIEL PIGOTT	2014-07-16
001	2012-01-01	DANIEL PIGOTT	2013-06-06
001	2011-01-01	DANIEL PIGOTT	2012-09-18
001	2010-01-01	DANIEL PIGOTT	2011-09-28

Plan Statistics for WALLIS STATE BANK 401(K) RETIREMENT PLAN

401k plan membership statisitcs for WALLIS STATE BANK 401(K) RETIREMENT PLAN

Measure Date Value
2022: WALLIS STATE BANK 401(K) RETIREMENT PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 195
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 142
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 47
Total of all active and inactive participants 2022-01-01 189
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 189
Number of participants with account balances 2022-01-01 180
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 4
2021: WALLIS STATE BANK 401(K) RETIREMENT PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 185
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 136
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 42
Total of all active and inactive participants 2021-01-01 178
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 178
Number of participants with account balances 2021-01-01 170
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 10
2020: WALLIS STATE BANK 401(K) RETIREMENT PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 165
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 147
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 30
Total of all active and inactive participants 2020-01-01 177
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 177
Number of participants with account balances 2020-01-01 168
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 9
2019: WALLIS STATE BANK 401(K) RETIREMENT PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 143
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 114
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 23
Total of all active and inactive participants 2019-01-01 137
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 137
Number of participants with account balances 2019-01-01 131
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 16

Measure	Date	Value
2022: WALLIS STATE BANK 401(K) RETIREMENT PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	195
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	142
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	47
Total of all active and inactive participants	2022-01-01	189
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	189
Number of participants with account balances	2022-01-01	180
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	4
2021: WALLIS STATE BANK 401(K) RETIREMENT PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	185
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	136
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	42
Total of all active and inactive participants	2021-01-01	178
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	178
Number of participants with account balances	2021-01-01	170
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	10
2020: WALLIS STATE BANK 401(K) RETIREMENT PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	165
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	147
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	30
Total of all active and inactive participants	2020-01-01	177
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	177
Number of participants with account balances	2020-01-01	168
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	9
2019: WALLIS STATE BANK 401(K) RETIREMENT PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	143
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	114
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	23
Total of all active and inactive participants	2019-01-01	137
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	137
Number of participants with account balances	2019-01-01	131
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	16

Financial Data on WALLIS STATE BANK 401(K) RETIREMENT PLAN

Measure	Date	Value
2022 : WALLIS STATE BANK 401(K) RETIREMENT PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets	2022-12-31	$0
Total transfer of assets to this plan	2022-12-31	$0
Total transfer of assets from this plan	2022-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total income from all sources (including contributions)	2022-12-31	$-453,239
Total loss/gain on sale of assets	2022-12-31	$0
Total of all expenses incurred	2022-12-31	$498,678
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$482,132
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$1,319,944
Value of total assets at end of year	2022-12-31	$9,905,712
Value of total assets at beginning of year	2022-12-31	$10,857,629
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$16,546
Total interest from all sources	2022-12-31	$4,882
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$296,005
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2022-12-31	$296,005
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$500,000
If this is an individual account plan, was there a blackout period	2022-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Contributions received from participants	2022-12-31	$819,136
Participant contributions at end of year	2022-12-31	$118,496
Participant contributions at beginning of year	2022-12-31	$85,863
Income. Received or receivable in cash from other sources (including rollovers)	2022-12-31	$74,627
Administrative expenses (other) incurred	2022-12-31	$16,546
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Value of net income/loss	2022-12-31	$-951,917
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$9,905,712
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$10,857,629
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-12-31	No
Were any leases to which the plan was party in default or uncollectible	2022-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$8,800,741
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$9,895,412
Interest on participant loans	2022-12-31	$4,882
Value of interest in common/collective trusts at end of year	2022-12-31	$986,475
Value of interest in common/collective trusts at beginning of year	2022-12-31	$876,354
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-2,090,042
Net investment gain or loss from common/collective trusts	2022-12-31	$15,972
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	No
Was there a failure to transmit to the plan any participant contributions	2022-12-31	No
Has the plan failed to provide any benefit when due under the plan	2022-12-31	No
Contributions received in cash from employer	2022-12-31	$426,181
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$482,132
Did the plan have assets held for investment	2022-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-12-31	No
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	CROWE LLP
Accountancy firm EIN	2022-12-31	350921680
2021 : WALLIS STATE BANK 401(K) RETIREMENT PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets	2021-12-31	$0
Total transfer of assets to this plan	2021-12-31	$0
Total transfer of assets from this plan	2021-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total income from all sources (including contributions)	2021-12-31	$2,622,598
Total loss/gain on sale of assets	2021-12-31	$0
Total of all expenses incurred	2021-12-31	$1,052,667
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$1,037,167
Expenses. Certain deemed distributions of participant loans	2021-12-31	$563
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$1,341,474
Value of total assets at end of year	2021-12-31	$10,857,629
Value of total assets at beginning of year	2021-12-31	$9,287,698
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$14,937
Total interest from all sources	2021-12-31	$4,619
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$936,596
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2021-12-31	$936,596
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$5,000,000
If this is an individual account plan, was there a blackout period	2021-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$829,474
Participant contributions at end of year	2021-12-31	$85,863
Participant contributions at beginning of year	2021-12-31	$85,759
Income. Received or receivable in cash from other sources (including rollovers)	2021-12-31	$3,343
Other income not declared elsewhere	2021-12-31	$27
Administrative expenses (other) incurred	2021-12-31	$14,937
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Value of net income/loss	2021-12-31	$1,569,931
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$10,857,629
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$9,287,698
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$9,895,412
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$8,364,686
Interest on participant loans	2021-12-31	$4,619
Value of interest in common/collective trusts at end of year	2021-12-31	$876,354
Value of interest in common/collective trusts at beginning of year	2021-12-31	$837,253
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$328,008
Net investment gain or loss from common/collective trusts	2021-12-31	$11,874
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
Was there a failure to transmit to the plan any participant contributions	2021-12-31	No
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Contributions received in cash from employer	2021-12-31	$508,657
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$1,037,167
Did the plan have assets held for investment	2021-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Opinion of an independent qualified public accountant for this plan	2021-12-31	Unqualified
Accountancy firm name	2021-12-31	CROWE LLP
Accountancy firm EIN	2021-12-31	350921680
2020 : WALLIS STATE BANK 401(K) RETIREMENT PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets	2020-12-31	$0
Total transfer of assets to this plan	2020-12-31	$0
Total transfer of assets from this plan	2020-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total income from all sources (including contributions)	2020-12-31	$2,640,019
Total loss/gain on sale of assets	2020-12-31	$0
Total of all expenses incurred	2020-12-31	$580,633
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$567,263
Expenses. Certain deemed distributions of participant loans	2020-12-31	$1,872
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$1,320,980
Value of total assets at end of year	2020-12-31	$9,287,698
Value of total assets at beginning of year	2020-12-31	$7,228,312
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$11,498
Total interest from all sources	2020-12-31	$7,108
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$207,396
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2020-12-31	$207,396
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$5,000,000
If this is an individual account plan, was there a blackout period	2020-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Contributions received from participants	2020-12-31	$805,626
Participant contributions at end of year	2020-12-31	$85,759
Participant contributions at beginning of year	2020-12-31	$111,747
Income. Received or receivable in cash from other sources (including rollovers)	2020-12-31	$80,910
Administrative expenses (other) incurred	2020-12-31	$11,498
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Value of net income/loss	2020-12-31	$2,059,386
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$9,287,698
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$7,228,312
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$8,364,686
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$6,285,384
Interest on participant loans	2020-12-31	$7,108
Value of interest in common/collective trusts at end of year	2020-12-31	$837,253
Value of interest in common/collective trusts at beginning of year	2020-12-31	$831,181
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$1,084,805
Net investment gain or loss from common/collective trusts	2020-12-31	$19,730
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	No
Was there a failure to transmit to the plan any participant contributions	2020-12-31	No
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Contributions received in cash from employer	2020-12-31	$434,444
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$567,263
Did the plan have assets held for investment	2020-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Opinion of an independent qualified public accountant for this plan	2020-12-31	Disclaimer
Accountancy firm name	2020-12-31	BRIGGS & VESELKA CO.
Accountancy firm EIN	2020-12-31	741769118
2019 : WALLIS STATE BANK 401(K) RETIREMENT PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets	2019-12-31	$0
Total transfer of assets to this plan	2019-12-31	$0
Total transfer of assets from this plan	2019-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total income from all sources (including contributions)	2019-12-31	$2,177,285
Total loss/gain on sale of assets	2019-12-31	$0
Total of all expenses incurred	2019-12-31	$616,031
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$576,233
Expenses. Certain deemed distributions of participant loans	2019-12-31	$31,178
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$990,678
Value of total assets at end of year	2019-12-31	$7,228,312
Value of total assets at beginning of year	2019-12-31	$5,667,058
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$8,620
Total interest from all sources	2019-12-31	$7,626
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$152,570
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$152,570
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$5,000,000
If this is an individual account plan, was there a blackout period	2019-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$624,631
Participant contributions at end of year	2019-12-31	$111,747
Participant contributions at beginning of year	2019-12-31	$161,496
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$40,851
Other income not declared elsewhere	2019-12-31	$267
Administrative expenses (other) incurred	2019-12-31	$8,620
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Value of net income/loss	2019-12-31	$1,561,254
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$7,228,312
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$5,667,058
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$6,285,384
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$4,602,577
Interest on participant loans	2019-12-31	$7,626
Value of interest in common/collective trusts at end of year	2019-12-31	$831,181
Value of interest in common/collective trusts at beginning of year	2019-12-31	$902,985
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$1,003,550
Net investment gain or loss from common/collective trusts	2019-12-31	$22,594
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Contributions received in cash from employer	2019-12-31	$325,196
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$576,233
Did the plan have assets held for investment	2019-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Accountancy firm name	2019-12-31	BRIGGS & VESELKA CO.
Accountancy firm EIN	2019-12-31	741769118

Form 5500 Responses for WALLIS STATE BANK 401(K) RETIREMENT PLAN

2022: WALLIS STATE BANK 401(K) RETIREMENT PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: WALLIS STATE BANK 401(K) RETIREMENT PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: WALLIS STATE BANK 401(K) RETIREMENT PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: WALLIS STATE BANK 401(K) RETIREMENT PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	WALLIS BANK
Employer identification number (EIN):	760339153
NAIC Classification:	522110
NAIC Description:	Commercial Banking