Call reports 2015
WATERMAN BANK — 2015
What WATERMAN BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 43,208,000 | 42,643,000 | 43,745,000 | 42,552,000 |
| Total loans | 21,855,000 | 21,470,000 | 20,172,000 | 19,173,000 |
| Allowance for loan losses | 280,000 | 286,000 | 286,000 | 286,000 |
| Securities available for sale | 16,937,000 | 15,918,000 | 19,297,000 | 18,393,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 34,466,000 | 35,635,000 | 35,551,000 | 36,658,000 |
| Interest-bearing deposits | 32,537,000 | 33,462,000 | 33,692,000 | 33,757,000 |
| Noninterest-bearing deposits | 1,929,000 | 2,173,000 | 1,859,000 | 2,901,000 |
| Equity capital | 3,897,000 | 3,653,000 | 3,732,000 | 3,662,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 373,000 | 727,000 | 1,082,000 | 1,447,000 |
| Interest expense | 37,000 | 81,000 | 123,000 | 167,000 |
| Net interest income | 336,000 | 646,000 | 959,000 | 1,280,000 |
| Noninterest income | 15,000 | -22,000 | 8,000 | 36,000 |
| Noninterest expense | 318,000 | 656,000 | 973,000 | 1,336,000 |
| Provision for loan losses | 42,000 | 44,000 | 44,000 | 44,000 |
| Pretax income | -9,000 | -76,000 | -50,000 | -64,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -9,000 | -76,000 | -50,000 | -64,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,762,000 | 3,653,000 | 3,732,000 | 3,707,000 |
| Total capital | 4,042,000 | 3,939,000 | 4,018,000 | 3,993,000 |
| Risk-weighted assets | 28,193,000 | 27,164,000 | 27,144,000 | 26,146,000 |