Call reports 2020
WATERSTONE BANK — 2020
What WATERSTONE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 2,052,640,000 | 2,217,011,000 | 2,218,912,000 | 2,181,407,000 |
| Total loans | 1,672,114,000 | 1,817,192,000 | 1,819,935,000 | 1,777,140,000 |
| Allowance for loan losses | 13,226,000 | 17,734,000 | 18,844,000 | 18,823,000 |
| Securities available for sale | 178,989,000 | 165,112,000 | 154,201,000 | 160,619,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,143,838,000 | 1,202,347,000 | 1,245,643,000 | 1,256,562,000 |
| Interest-bearing deposits | 1,116,149,000 | 1,154,833,000 | 1,191,548,000 | 1,208,538,000 |
| Noninterest-bearing deposits | 27,689,000 | 47,514,000 | 54,095,000 | 48,024,000 |
| Equity capital | 349,409,000 | 371,792,000 | 372,619,000 | 373,665,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 19,740,000 | 40,496,000 | 60,468,000 | 80,968,000 |
| Interest expense | 6,950,000 | 13,572,000 | 19,722,000 | 25,047,000 |
| Net interest income | 12,790,000 | 26,924,000 | 40,746,000 | 55,921,000 |
| Noninterest income | 30,895,000 | 96,442,000 | 170,732,000 | 238,725,000 |
| Noninterest expense | 34,935,000 | 82,164,000 | 134,122,000 | 180,233,000 |
| Provision for loan losses | 785,000 | 5,285,000 | 6,310,000 | 6,340,000 |
| Pretax income | 7,971,000 | 35,927,000 | 71,057,000 | 108,084,000 |
| Income tax | 1,922,000 | 8,936,000 | 17,784,000 | 26,963,000 |
| Net income | 6,049,000 | 26,991,000 | 53,273,000 | 81,121,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 347,244,000 | 368,370,000 | 369,312,000 | 370,696,000 |
| Total capital | 360,470,000 | 386,104,000 | 388,156,000 | 389,519,000 |
| Risk-weighted assets | 1,603,869,000 | 1,702,067,000 | 1,741,774,000 | 1,729,327,000 |