Call reports 2020
WATERFORD BANK, NA — 2020
What WATERFORD BANK, NA reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 1,002,267,000 | 1,259,905,000 | 1,287,887,000 | 1,364,147,000 |
| Total loans | 859,991,000 | 1,034,384,000 | 1,017,514,000 | 973,274,000 |
| Allowance for loan losses | 7,783,000 | 9,480,000 | 10,836,000 | 11,643,000 |
| Securities available for sale | 43,735,000 | 42,926,000 | 81,909,000 | 93,653,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 885,006,000 | 1,125,369,000 | 1,153,693,000 | 1,234,315,000 |
| Interest-bearing deposits | 684,431,000 | 837,680,000 | 851,297,000 | 887,022,000 |
| Noninterest-bearing deposits | 200,575,000 | 287,689,000 | 302,396,000 | 347,293,000 |
| Equity capital | 101,229,000 | 104,384,000 | 120,650,000 | 124,725,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 11,134,000 | 23,996,000 | 34,911,000 | 46,975,000 |
| Interest expense | 1,892,000 | 3,179,000 | 4,257,000 | 5,199,000 |
| Net interest income | 9,242,000 | 20,817,000 | 30,654,000 | 41,776,000 |
| Noninterest income | 1,238,000 | 2,678,000 | 4,196,000 | 5,762,000 |
| Noninterest expense | 6,956,000 | 13,123,000 | 20,081,000 | 26,755,000 |
| Provision for loan losses | 415,000 | 2,099,000 | 3,449,000 | 4,231,000 |
| Pretax income | 3,109,000 | 8,273,000 | 11,320,000 | 16,552,000 |
| Income tax | 541,000 | 1,571,000 | 2,116,000 | 3,136,000 |
| Net income | 2,568,000 | 6,702,000 | 9,204,000 | 13,416,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 98,074,000 | 101,318,000 | 102,931,000 | 106,069,000 |