Call reports 2014
GOLDWATER BANK, NATIONAL ASSOCIATION — 2014
What GOLDWATER BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 87,799,000 | 86,661,000 | 76,400,000 | 76,205,000 |
| Total loans | 44,759,000 | 54,991,000 | 46,036,000 | 48,942,000 |
| Allowance for loan losses | 899,000 | 830,000 | 428,000 | 385,000 |
| Securities available for sale | 19,679,000 | 15,963,000 | 14,626,000 | 12,767,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 82,860,000 | 75,011,000 | 68,514,000 | 65,366,000 |
| Interest-bearing deposits | 79,890,000 | 72,708,000 | 66,689,000 | 63,295,000 |
| Noninterest-bearing deposits | 2,970,000 | 2,303,000 | 1,825,000 | 2,071,000 |
| Equity capital | 4,390,000 | 7,447,000 | 6,812,000 | 5,896,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 767,000 | 1,606,000 | 2,437,000 | 3,300,000 |
| Interest expense | 196,000 | 364,000 | 531,000 | 680,000 |
| Net interest income | 571,000 | 1,242,000 | 1,906,000 | 2,620,000 |
| Noninterest income | 1,079,000 | 3,031,000 | 5,303,000 | 7,971,000 |
| Noninterest expense | 2,383,000 | 5,367,000 | 8,672,000 | 12,822,000 |
| Provision for loan losses | 0 | 0 | 200,000 | 275,000 |
| Pretax income | -682,000 | -945,000 | -1,514,000 | -2,357,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -682,000 | -945,000 | -1,514,000 | -2,357,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,854,000 | 6,830,000 | 6,261,000 | 5,848,000 |
| Total capital | 4,370,000 | 7,382,000 | 6,690,000 | 6,233,000 |
| Risk-weighted assets | 40,876,000 | 43,895,000 | 43,700,000 | 44,365,000 |