Call reports 2021
WATERMARK BANK — 2021
What WATERMARK BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 206,091,000 | 211,764,000 | 245,618,000 | 232,530,000 |
| Total loans | 168,486,000 | 176,400,000 | 190,015,000 | 193,910,000 |
| Allowance for loan losses | 2,443,000 | 2,476,000 | 2,589,000 | 2,691,000 |
| Securities available for sale | 8,243,000 | 10,636,000 | 11,665,000 | 11,497,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 168,636,000 | 173,540,000 | 206,408,000 | 192,564,000 |
| Interest-bearing deposits | 137,690,000 | 133,819,000 | 169,780,000 | 157,935,000 |
| Noninterest-bearing deposits | 30,946,000 | 39,721,000 | 36,628,000 | 34,629,000 |
| Equity capital | 36,499,000 | 37,387,000 | 38,415,000 | 39,042,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 1,876,000 | 4,043,000 | 6,450,000 | 8,789,000 |
| Interest expense | 203,000 | 424,000 | 624,000 | 812,000 |
| Net interest income | 1,673,000 | 3,619,000 | 5,826,000 | 7,977,000 |
| Noninterest income | 43,000 | 101,000 | 204,000 | 319,000 |
| Noninterest expense | 1,139,000 | 2,266,000 | 3,469,000 | 4,839,000 |
| Provision for loan losses | 135,000 | 168,000 | 281,000 | 383,000 |
| Pretax income | 442,000 | 1,286,000 | 2,280,000 | 3,074,000 |
| Income tax | 0 | 0 | 0 | 78,000 |
| Net income | 442,000 | 1,286,000 | 2,280,000 | 2,996,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,488,000 | 36,821,000 | 37,559,000 | 38,144,000 |
| Total capital | 38,586,000 | — | — | — |
| Risk-weighted assets | 167,495,000 | — | — | — |