Call reports 2017
GOLDWATER BANK, NATIONAL ASSOCIATION — 2017
What GOLDWATER BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 129,462,000 | 193,075,000 | 204,925,000 | 192,687,000 |
| Total loans | 112,406,000 | 156,501,000 | 180,789,000 | 162,172,000 |
| Allowance for loan losses | 226,000 | 266,000 | 301,000 | 320,000 |
| Securities available for sale | 2,286,000 | 2,247,000 | 2,166,000 | 5,143,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 102,558,000 | 150,235,000 | 158,153,000 | 143,539,000 |
| Interest-bearing deposits | 80,876,000 | 120,473,000 | 119,259,000 | 121,187,000 |
| Noninterest-bearing deposits | 21,682,000 | 29,762,000 | 38,894,000 | 22,352,000 |
| Equity capital | 10,494,000 | 10,937,000 | 11,681,000 | 12,559,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,838,000 | 3,705,000 | 6,103,000 | 8,878,000 |
| Interest expense | 212,000 | 505,000 | 926,000 | 1,396,000 |
| Net interest income | 1,626,000 | 3,200,000 | 5,177,000 | 7,482,000 |
| Noninterest income | 11,577,000 | 26,741,000 | 42,525,000 | 56,961,000 |
| Noninterest expense | 14,741,000 | 30,952,000 | 47,873,000 | 64,091,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -1,538,000 | -1,011,000 | -171,000 | 352,000 |
| Income tax | 0 | 89,000 | 112,000 | -323,000 |
| Net income | -1,538,000 | -1,100,000 | -283,000 | 675,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,545,000 | 10,937,000 | 11,681,000 | 12,190,000 |
| Total capital | 11,109,000 | 11,542,000 | 12,447,000 | 13,010,000 |
| Risk-weighted assets | 46,662,000 | 57,145,000 | 72,574,000 | 70,443,000 |