Call reports 2013
EDGEWATER BANK — 2013
What EDGEWATER BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 123,708,000 | 121,049,000 | 119,945,000 | 121,457,000 |
| Total loans | 87,489,000 | 85,504,000 | 85,185,000 | 87,134,000 |
| Allowance for loan losses | 1,500,000 | 1,292,000 | 1,044,000 | 1,061,000 |
| Securities available for sale | 15,344,000 | 17,731,000 | 17,014,000 | 15,594,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 109,038,000 | 108,983,000 | 109,575,000 | 108,561,000 |
| Interest-bearing deposits | 97,904,000 | 97,473,000 | 96,256,000 | 95,915,000 |
| Noninterest-bearing deposits | 11,134,000 | 11,510,000 | 13,319,000 | 12,646,000 |
| Equity capital | 11,124,000 | 10,506,000 | 9,730,000 | 9,289,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,086,000 | 2,162,000 | 3,267,000 | 4,356,000 |
| Interest expense | 148,000 | 288,000 | 422,000 | 552,000 |
| Net interest income | 938,000 | 1,874,000 | 2,845,000 | 3,804,000 |
| Noninterest income | 274,000 | 545,000 | 603,000 | 780,000 |
| Noninterest expense | 1,317,000 | 2,665,000 | 4,110,000 | 5,542,000 |
| Provision for loan losses | 15,000 | 240,000 | 490,000 | 640,000 |
| Pretax income | -120,000 | -486,000 | -1,152,000 | -1,598,000 |
| Income tax | 6,000 | 12,000 | 18,000 | 16,000 |
| Net income | -126,000 | -498,000 | -1,170,000 | -1,614,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,813,000 | 10,457,000 | 9,803,000 | 9,424,000 |
| Total capital | 11,794,000 | 11,392,000 | 10,734,000 | 10,384,000 |
| Risk-weighted assets | 77,997,000 | 74,421,000 | 74,481,000 | 76,716,000 |