Call reports 2022
WATERMAN BANK — 2022
What WATERMAN BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 93,121,000 | 92,974,000 | 104,325,000 | 112,179,000 |
| Total loans | 49,830,000 | 59,101,000 | 63,178,000 | 71,107,000 |
| Allowance for loan losses | 252,000 | 282,000 | 312,000 | 342,000 |
| Securities available for sale | 4,707,000 | 4,335,000 | 4,019,000 | 3,774,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 72,664,000 | 74,787,000 | 86,221,000 | 93,779,000 |
| Interest-bearing deposits | 68,473,000 | 71,674,000 | 81,469,000 | 90,485,000 |
| Noninterest-bearing deposits | 4,191,000 | 3,113,000 | 4,752,000 | 3,294,000 |
| Equity capital | 15,516,000 | 15,727,000 | 16,111,000 | 16,429,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 696,000 | 1,556,000 | 2,784,000 | 5,166,000 |
| Interest expense | 165,000 | 345,000 | 576,000 | 1,004,000 |
| Net interest income | 531,000 | 1,211,000 | 2,208,000 | 4,162,000 |
| Noninterest income | 432,000 | 1,219,000 | 2,007,000 | 1,720,000 |
| Noninterest expense | 1,129,000 | 2,166,000 | 3,523,000 | 4,754,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | -196,000 | 204,000 | 602,000 | 1,008,000 |
| Income tax | -60,000 | 62,000 | 3,000 | 127,000 |
| Net income | -136,000 | 142,000 | 599,000 | 881,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,157,000 | 15,242,000 | 15,845,000 | 15,933,000 |
| Total capital | 15,409,000 | 15,524,000 | 16,157,000 | 16,275,000 |
| Risk-weighted assets | 54,925,000 | 51,209,000 | 62,748,000 | 68,879,000 |
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