Call reports 2017
WATERMAN BANK — 2017
What WATERMAN BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 38,352,000 | 36,381,000 | 35,675,000 | 36,564,000 |
| Total loans | 16,310,000 | 15,703,000 | 15,559,000 | 16,097,000 |
| Allowance for loan losses | 608,000 | 754,000 | 705,000 | 386,000 |
| Securities available for sale | 18,201,000 | 16,701,000 | 15,852,000 | 15,066,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 31,654,000 | 30,545,000 | 30,781,000 | 30,106,000 |
| Interest-bearing deposits | 29,426,000 | 28,543,000 | 29,156,000 | 26,868,000 |
| Noninterest-bearing deposits | 2,228,000 | 2,002,000 | 1,625,000 | 3,238,000 |
| Equity capital | 3,121,000 | 2,799,000 | 3,188,000 | 3,024,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 299,000 | 601,000 | 891,000 | 1,180,000 |
| Interest expense | 41,000 | 84,000 | 125,000 | 164,000 |
| Net interest income | 258,000 | 517,000 | 766,000 | 1,016,000 |
| Noninterest income | 30,000 | 56,000 | 80,000 | 105,000 |
| Noninterest expense | 270,000 | 538,000 | 784,000 | 1,074,000 |
| Provision for loan losses | 8,000 | 455,000 | 406,000 | 429,000 |
| Pretax income | 10,000 | -417,000 | -317,000 | -355,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 10,000 | -417,000 | -317,000 | -355,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,281,000 | 2,853,000 | 3,253,000 | 3,216,000 |
| Total capital | 3,571,000 | 3,136,000 | 3,541,000 | 3,509,000 |
| Risk-weighted assets | 22,898,000 | 22,208,000 | 22,627,000 | 23,358,000 |