Call reports 2024
WATERSTONE BANK — 2024
What WATERSTONE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 2,232,058,000 | 2,288,425,000 | 2,241,040,000 | 2,207,930,000 |
| Total loans | 1,839,901,000 | 1,901,523,000 | 1,851,248,000 | 1,816,485,000 |
| Allowance for loan losses | 18,549,000 | 18,414,000 | 18,198,000 | 18,247,000 |
| Securities available for sale | 204,701,000 | 204,835,000 | 213,164,000 | 208,549,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,239,894,000 | 1,267,495,000 | 1,314,791,000 | 1,399,098,000 |
| Interest-bearing deposits | 1,132,645,000 | 1,154,363,000 | 1,191,742,000 | 1,293,822,000 |
| Noninterest-bearing deposits | 107,249,000 | 113,132,000 | 123,049,000 | 105,276,000 |
| Equity capital | 320,892,000 | 320,075,000 | 326,986,000 | 328,145,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 27,124,000 | 55,414,000 | 84,776,000 | 114,073,000 |
| Interest expense | 15,812,000 | 33,186,000 | 50,887,000 | 67,128,000 |
| Net interest income | 11,312,000 | 22,228,000 | 33,889,000 | 46,945,000 |
| Noninterest income | 20,827,000 | 47,003,000 | 69,285,000 | 87,858,000 |
| Noninterest expense | 27,394,000 | 57,682,000 | 86,222,000 | 111,423,000 |
| Provision for loan losses | -3,000 | -146,000 | -439,000 | -342,000 |
| Pretax income | 4,683,000 | 11,713,000 | 17,504,000 | 23,564,000 |
| Income tax | 1,709,000 | 3,112,000 | 4,247,000 | 5,217,000 |
| Net income | 2,974,000 | 8,601,000 | 13,257,000 | 18,347,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 338,551,000 | 338,459,000 | 340,621,000 | 346,145,000 |
| Total capital | 358,238,000 | 357,929,000 | 359,791,000 | 365,634,000 |
| Risk-weighted assets | 1,774,485,000 | 1,806,635,000 | 1,807,286,000 | 1,802,097,000 |