Call reports 2017
WATERSTONE BANK — 2017
What WATERSTONE 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 | 1,722,641,000 | 1,880,625,000 | 1,849,809,000 | 1,804,054,000 |
| Total loans | 1,314,574,000 | 1,422,405,000 | 1,436,297,000 | 1,441,710,000 |
| Allowance for loan losses | 14,730,000 | 14,612,000 | 14,063,000 | 14,077,000 |
| Securities available for sale | 229,438,000 | 221,603,000 | 217,980,000 | 207,994,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 997,400,000 | 982,175,000 | 1,012,338,000 | 1,020,844,000 |
| Interest-bearing deposits | 969,601,000 | 946,878,000 | 971,715,000 | 981,730,000 |
| Noninterest-bearing deposits | 27,799,000 | 35,297,000 | 40,623,000 | 39,114,000 |
| Equity capital | 377,645,000 | 384,203,000 | 387,739,000 | 386,839,000 |
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 | 15,894,000 | 32,681,000 | 50,229,000 | 67,830,000 |
| Interest expense | 3,904,000 | 7,972,000 | 12,403,000 | 16,406,000 |
| Net interest income | 11,990,000 | 24,709,000 | 37,826,000 | 51,424,000 |
| Noninterest income | 25,099,000 | 61,995,000 | 94,789,000 | 122,631,000 |
| Noninterest expense | 28,366,000 | 64,353,000 | 98,487,000 | 130,723,000 |
| Provision for loan losses | -1,211,000 | -1,186,000 | -1,167,000 | -1,166,000 |
| Pretax income | 9,934,000 | 23,430,000 | 35,188,000 | 44,391,000 |
| Income tax | 3,393,000 | 8,010,000 | 12,375,000 | 18,453,000 |
| Net income | 6,541,000 | 15,420,000 | 22,813,000 | 25,938,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 377,296,000 | 383,378,000 | 386,810,000 | 386,715,000 |
| Total capital | 392,026,000 | 397,990,000 | 400,873,000 | 400,792,000 |
| Risk-weighted assets | 1,286,275,000 | 1,356,415,000 | 1,382,662,000 | 1,385,152,000 |