Call reports 2019
WATERSTONE BANK — 2019
What WATERSTONE 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 | 1,924,252,000 | 2,011,008,000 | 2,002,347,000 | 1,993,170,000 |
| Total loans | 1,502,877,000 | 1,614,779,000 | 1,623,105,000 | 1,608,154,000 |
| Allowance for loan losses | 12,561,000 | 12,617,000 | 12,547,000 | 12,387,000 |
| Securities available for sale | 193,499,000 | 192,137,000 | 187,331,000 | 186,976,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,066,378,000 | 1,135,067,000 | 1,116,251,000 | 1,145,934,000 |
| Interest-bearing deposits | 1,029,595,000 | 1,095,637,000 | 1,094,951,000 | 1,111,384,000 |
| Noninterest-bearing deposits | 36,783,000 | 39,430,000 | 21,300,000 | 34,550,000 |
| Equity capital | 389,289,000 | 332,471,000 | 343,602,000 | 342,295,000 |
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 | 19,368,000 | 39,516,000 | 60,191,000 | 80,828,000 |
| Interest expense | 6,244,000 | 13,184,000 | 20,433,000 | 27,608,000 |
| Net interest income | 13,124,000 | 26,332,000 | 39,758,000 | 53,220,000 |
| Noninterest income | 23,822,000 | 58,626,000 | 95,598,000 | 129,076,000 |
| Noninterest expense | 29,145,000 | 64,358,000 | 100,371,000 | 135,795,000 |
| Provision for loan losses | -680,000 | -650,000 | -730,000 | -900,000 |
| Pretax income | 8,486,000 | 21,261,000 | 35,729,000 | 47,416,000 |
| Income tax | 1,973,000 | 5,113,000 | 8,678,000 | 11,632,000 |
| Net income | 6,513,000 | 16,148,000 | 27,051,000 | 35,784,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 389,426,000 | 331,113,000 | 342,260,000 | 340,970,000 |
| Total capital | 401,987,000 | 343,730,000 | 354,807,000 | 353,357,000 |
| Risk-weighted assets | 1,467,669,000 | 1,522,541,000 | 1,551,898,000 | 1,546,455,000 |