Call reports 2018
WATERMAN BANK — 2018
What WATERMAN BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 34,061,000 | 35,481,000 | 34,207,000 | 33,608,000 |
| Total loans | 15,933,000 | 17,149,000 | 17,211,000 | 17,169,000 |
| Allowance for loan losses | 444,000 | 242,000 | 263,000 | 241,000 |
| Securities available for sale | 14,231,000 | 13,616,000 | 12,734,000 | 12,367,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 28,255,000 | 29,961,000 | 28,401,000 | 27,216,000 |
| Interest-bearing deposits | 26,344,000 | 27,886,000 | 26,829,000 | 25,641,000 |
| Noninterest-bearing deposits | 1,911,000 | 2,075,000 | 1,572,000 | 1,575,000 |
| Equity capital | 2,801,000 | 3,147,000 | 3,201,000 | 3,306,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 292,000 | 593,000 | 913,000 | 1,239,000 |
| Interest expense | 39,000 | 96,000 | 163,000 | 236,000 |
| Net interest income | 253,000 | 497,000 | 750,000 | 1,003,000 |
| Noninterest income | 26,000 | 50,000 | 73,000 | 96,000 |
| Noninterest expense | 262,000 | 536,000 | 796,000 | 1,098,000 |
| Provision for loan losses | 62,000 | -326,000 | -364,000 | -392,000 |
| Pretax income | -45,000 | 337,000 | 391,000 | 393,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -45,000 | 337,000 | 391,000 | 393,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,170,000 | 3,552,000 | 3,606,000 | 3,609,000 |
| Total capital | 3,452,000 | 3,794,000 | 3,869,000 | 3,850,000 |
| Risk-weighted assets | 22,424,000 | 22,191,000 | 22,099,000 | 22,107,000 |