Call reports 2021
WATERSTONE BANK — 2021
What WATERSTONE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 2,194,070,000 | 2,196,956,000 | 2,228,609,000 | 2,209,533,000 |
| Total loans | 1,676,715,000 | 1,647,904,000 | 1,552,792,000 | 1,518,523,000 |
| Allowance for loan losses | 17,780,000 | 17,410,000 | 16,790,000 | 15,778,000 |
| Securities available for sale | 162,763,000 | 172,724,000 | 175,330,000 | 180,016,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,294,094,000 | 1,305,405,000 | 1,325,447,000 | 1,328,101,000 |
| Interest-bearing deposits | 1,255,902,000 | 1,257,875,000 | 1,287,374,000 | 1,282,937,000 |
| Noninterest-bearing deposits | 38,192,000 | 47,530,000 | 38,073,000 | 45,164,000 |
| Equity capital | 380,119,000 | 387,316,000 | 396,871,000 | 378,247,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 18,459,000 | 36,707,000 | 55,102,000 | 72,294,000 |
| Interest expense | 4,039,000 | 7,610,000 | 11,023,000 | 14,459,000 |
| Net interest income | 14,420,000 | 29,097,000 | 44,079,000 | 57,835,000 |
| Noninterest income | 54,564,000 | 105,133,000 | 156,367,000 | 197,477,000 |
| Noninterest expense | 41,810,000 | 83,994,000 | 126,461,000 | 167,099,000 |
| Provision for loan losses | -1,070,000 | -1,820,000 | -2,520,000 | -3,990,000 |
| Pretax income | 28,241,000 | 52,053,000 | 76,504,000 | 92,199,000 |
| Income tax | 6,882,000 | 12,772,000 | 18,204,000 | 21,337,000 |
| Net income | 21,359,000 | 39,281,000 | 58,300,000 | 70,862,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 378,316,000 | 385,764,000 | 396,018,000 | 378,762,000 |
| Total capital | 396,096,000 | 403,174,000 | 412,808,000 | 394,540,000 |
| Risk-weighted assets | 1,649,712,000 | 1,594,099,000 | 1,586,691,000 | 1,546,189,000 |