Call reports 2023
WATERSTONE BANK — 2023
What WATERSTONE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 2,109,468,000 | 2,225,492,000 | 2,217,012,000 | 2,210,278,000 |
| Total loans | 1,711,544,000 | 1,817,952,000 | 1,808,514,000 | 1,829,208,000 |
| Allowance for loan losses | 17,744,000 | 18,374,000 | 18,553,000 | 18,549,000 |
| Securities available for sale | 200,365,000 | 194,923,000 | 194,399,000 | 204,907,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,253,413,000 | 1,254,201,000 | 1,271,365,000 | 1,245,172,000 |
| Interest-bearing deposits | 1,107,840,000 | 1,128,439,000 | 1,143,380,000 | 1,122,569,000 |
| Noninterest-bearing deposits | 145,573,000 | 125,762,000 | 127,985,000 | 122,603,000 |
| Equity capital | 317,094,000 | 316,598,000 | 314,373,000 | 319,181,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 22,113,000 | 46,746,000 | 73,399,000 | 100,310,000 |
| Interest expense | 8,194,000 | 19,858,000 | 34,323,000 | 49,317,000 |
| Net interest income | 13,919,000 | 26,888,000 | 39,076,000 | 50,993,000 |
| Noninterest income | 18,216,000 | 41,170,000 | 63,121,000 | 79,729,000 |
| Noninterest expense | 29,012,000 | 59,783,000 | 89,869,000 | 119,578,000 |
| Provision for loan losses | -25,000 | 623,000 | 829,000 | 927,000 |
| Pretax income | 2,664,000 | 7,633,000 | 11,238,000 | 10,489,000 |
| Income tax | 599,000 | 1,655,000 | 2,118,000 | 1,525,000 |
| Net income | 2,065,000 | 5,978,000 | 9,120,000 | 8,964,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 333,852,000 | 336,815,000 | 337,531,000 | 335,859,000 |
| Total capital | 351,596,000 | 356,550,000 | 357,685,000 | 355,476,000 |
| Risk-weighted assets | 1,720,231,000 | 1,763,712,000 | 1,794,316,000 | 1,768,934,000 |