Call reports 2019
WATERMARK BANK — 2019
What WATERMARK BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 41,701,000 | 53,094,000 | 79,008,000 | 90,742,000 |
| Total loans | 12,960,000 | 25,720,000 | 50,051,000 | 60,947,000 |
| Allowance for loan losses | 131,000 | 265,000 | 512,000 | 616,000 |
| Securities available for sale | 994,000 | 6,371,000 | 6,396,000 | 5,120,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 15,029,000 | 26,780,000 | 52,789,000 | 64,644,000 |
| Interest-bearing deposits | 12,398,000 | 15,630,000 | 41,565,000 | 53,774,000 |
| Noninterest-bearing deposits | 2,631,000 | 11,150,000 | 11,224,000 | 10,870,000 |
| Equity capital | 26,104,000 | 25,701,000 | 25,544,000 | 25,343,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 318,000 | 812,000 | 1,560,000 | 2,591,000 |
| Interest expense | 26,000 | 99,000 | 243,000 | 493,000 |
| Net interest income | 292,000 | 713,000 | 1,317,000 | 2,098,000 |
| Noninterest income | 0 | 1,000 | 10,000 | 24,000 |
| Noninterest expense | 722,000 | 1,487,000 | 2,298,000 | 3,188,000 |
| Provision for loan losses | 131,000 | 265,000 | 512,000 | 616,000 |
| Pretax income | -561,000 | -1,038,000 | -1,483,000 | -1,669,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -561,000 | -1,038,000 | -1,483,000 | -1,669,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,104,000 | 25,650,000 | 25,470,000 | 25,309,000 |
| Total capital | 26,235,000 | 25,915,000 | 25,982,000 | 25,925,000 |
| Risk-weighted assets | 20,732,000 | 37,557,000 | 55,236,000 | 66,119,000 |