Call reports 2022
WATERMARK BANK — 2022
What WATERMARK 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 | 230,361,000 | 241,933,000 | 252,887,000 | 267,888,000 |
| Total loans | 201,912,000 | 209,888,000 | 207,618,000 | 218,608,000 |
| Allowance for loan losses | 2,691,000 | 2,971,000 | 3,121,000 | 3,291,000 |
| Securities available for sale | 11,015,000 | 10,346,000 | 12,727,000 | 14,446,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 190,367,000 | 201,981,000 | 212,034,000 | 226,193,000 |
| Interest-bearing deposits | 153,595,000 | 148,438,000 | 153,448,000 | 175,087,000 |
| Noninterest-bearing deposits | 36,772,000 | 53,543,000 | 58,586,000 | 51,106,000 |
| Equity capital | 39,268,000 | 39,528,000 | 40,331,000 | 41,300,000 |
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 | 2,303,000 | 4,849,000 | 7,877,000 | 11,547,000 |
| Interest expense | 176,000 | 401,000 | 817,000 | 1,618,000 |
| Net interest income | 2,127,000 | 4,448,000 | 7,060,000 | 9,929,000 |
| Noninterest income | 40,000 | 99,000 | 186,000 | 257,000 |
| Noninterest expense | 1,418,000 | 2,814,000 | 4,194,000 | 5,536,000 |
| Provision for loan losses | 0 | 280,000 | 430,000 | 600,000 |
| Pretax income | 749,000 | 1,453,000 | 2,622,000 | 4,050,000 |
| Income tax | 182,000 | 358,000 | 641,000 | 1,043,000 |
| Net income | 567,000 | 1,095,000 | 1,981,000 | 3,007,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,736,000 | 39,224,000 | 40,097,000 | 41,274,000 |
| Total capital | — | 41,829,000 | — | — |
| Risk-weighted assets | — | 208,089,000 | — | — |